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Kik messaging app to shut down following SEC lawsuit against ICO

Kik messaging app to shut down following SEC lawsuit against ICO

A blog post by Canada-based Kik’s CEO Ted Livingston said they will shut down the Kik app, reduce its staff to 19 people and focus on its Kin (KIN) token’s development. 70 employees have reportedly received layoff notices and have been given the option to transfer to a new company that operates in the same sector.

Chris
Chris
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