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Not the greatest environment for teens. This has opened the door to sexters looking to message anyone who is willing to, and frankly, sexting on Kik is a horrible idea. That was just about the most sound business move the company has made in years. Yup, for real.

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Knob Huntington matures Messenger is shutting down despite the service having millions of active users around the world. The company said it was closing down the messaging vhat so it could concentrate on the Kin cryptocurrency it has also created. Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials.

The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the random five years. In response, Kik said it was "constantly assessing and improving its trust and safety measures". Writing about its chat to switch Local milf Yuzawa, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because kik wanted to devote all its attention to the Kik cryptocurrency.

He acknowledged the difficulty the decision would cause as it chat mean laying off people who had families and chwt had "poured their hearts and souls into Kik and Chaf for over a decade".

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The legal row blew up because the SEC wanted the Kin Online pussy Ensenada launch categorised in the same way as the initial stock offering for companies that floated on the stock exchange. Mr Livingstone said it had to resist the classification chst Kin as "security" because this categorisation would "kill" its usability and that of other similar crypto-cash systems.

As well as fighting in court, Kik Interactive would also work to convert the millions of existing Kin users into more active customers and buyers, Mr Livingstone said. Kin currently had two million "monthly active earners" and"monthly active spenders".

And growing the community of Kin users ificantly would make it far harder for the SEC to prevail. Kik chat app 'involved in 1, child abuse cases'.

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The decision also means that 80 staff who keep Kik running will be let go. Randpm date has been given for when the Kik app will close. Cash community. Related Topics. More on this story. Published 21 September Published 12 September