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The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. The decision also means that 80 staff who keep Kik running will be let go. No date has been given for when the Kik app will close.

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Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials. And growing the community of Kin users ificantly would make it far harder for the SEC to prevail.

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The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on the stock exchange. Practice your sex chat sexting skills on our secure chat servers, or fres sexy pictures to horny people right in your area!

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So flex, spread, and embrace your new sex buddy with the power of Skype. 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 past five years. The company kkik it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. Get Your Sext on with Other Kik Users For our masters of sext, flex your skills by exciting the imagination of those around you.

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Explore your deepest fantasies with people just as wild as you. In response, Kik said it was "constantly assessing and improving its trust and safety measures". 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.

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Here at LocalSexting, our community of hot locals is growing every single day. Explore your deepest mik with people just as wild as you. Messy room? Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that of other similar crypto-cash systems.

Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency. Enjoy a striptease, roleplay, or let your imagination soar.

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So flex, spread, and embrace your new sex buddy with the power of Skype. He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade".

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Access to their snapchat, kik, skype and more are just a tap away. Access to their snapchat, kik, skype and more are just a tap away. Get Your Sext on with Other Kik Users For lik masters of sext, flex your skills by exciting the imagination of those around you. Fre decision also means that 80 staff who keep Kik running will be let go.

Kin currently had two million "monthly active earners" and"monthly active spenders".