Tag Archives: kik messenger

Photo: Microsiervos / FlickrAt the end of September, we reported that a popular messaging app Kik made the world reel with the announcement about shutting down. At that time, Kik CEO Ted Livingston explained this decision with the company’s downturn position and the necessity to focus more on the development of its Kin (KIN) token. The company was also planning to cut down the number of its employees from over 100 people to a 19 person team. Besides, Kik has a legal battle against the U.S....

The CEO founder of popular messaging app Kik Ted Livingston has maintained his position on keeping on to the end in his company’s legal tussle with the United States’ Securities and Exchange Commission (SEC) over its cryptocurrency’s classification as a security.Kin (KIN) has been at the forefront of a firestorm between the two parties over its initial coin offering (ICO) with the US regulator suing the company earlier this year over the issue. Sources indicate that the CEO gave his position...