2019-9-24 13:01 |
Following an embroiled relationship with the US Securities and Exchange Commission over its cryptocurrency come security token Kin, it appears that messaging app Kik‘s days are numbered. Kik‘s CEO, Ted Livingston, said in a blog post this morning that the ongoing fight with the SEC has left the company with no other decision but to shut down its messaging app.
“…all is not well,” Livingston said. “This is a direct impact from the [SEC’s] legal action. ” Kik is also reducing its staff of hundreds down to an “elite 19 person team,” – brutal – and says it will now focus…
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