White Collar

SEC Seeks Quick Win In Kik $100M Unregistered ICO Suit

The U.S. Securities and Exchange Commission urged a New York federal court on Friday to grant it a quick win in a case accusing Kik Interactive Inc. of conducting an unregistered initial coin offering of $100 million worth of its Kin cryptocurrency in 2017, $55 million of which was bought by U.S. investors…

Read this piece in its entirety at Law360.

Feds Snub Virus-Based Mistrial Bid In $511M Fuel Fraud Case

Federal prosecutors pushed back Monday against a mistrial bid by a California businessman who was convicted of participating in a $511 million renewable-energy tax fraud scheme, saying the man’s claims that it was wrong to bring jurors together during a global pandemic were overblown…

Read this piece in its entirety at Law360.