Video shows Kik CEO discussing ICO pre-sale: “It will become super valuable”12

Ted Livingston, the CEO of unicorn-valued social media startup Kik, announced this week he would fight the SEC’s claim Kin tokens qualify as an unregistered security. The SEC issued a Wells notice, documenting their intention to sue Kik, and in response, the company became one of the first to defend its offering of an ERC-20 token, in court.

As Livingston steps into battle, it’s worth looking back at the CEO’s public statements prior to the ICO in 2017, which raked in $98 million. In particular, a video from a Q&A event with the CEO recorded months before the token sale shows Livingston making statements seemingly at odds with some of the comments he is making today.

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