Rumors: "Kik founder was sentenced to death by the US SEC chairman for securities fraud"

On the afternoon of June 10, some media broke the news: "On June 9, Kik's founder and CEO Ted Livingston was sentenced to death by US Securities and Exchange Commission (SEC) Chairman Jay Clayton on charges of fraud and disrespect. And the sale of unregistered securities during the ICO process of the 2017 KIN token." According to Babbitt, the source was Coin Jazeera's "Kik Founder Sentenced to DEATH for Securities Fraud". It is worth noting that the news "This article is satire and for entertainment purposes only." (This article is only ironic, for entertainment only)