The Canadian social media giant Kik messaging app is finally calling it quits after months of legal scuffle with the United States Securities and Exchange Commission (SEC) over the lawsuit against ICO. Kik Interactive CEO, Ted Livingstone, declared in his blog dated Sep 23, that the SEC is doing everything in its power to cease Kin’s existence. In its bid to classify all cryptocurrencies under securities, it is misquoting the facts, urging cryptocurrency exchanges to delist Kin and even trying to manipulate Kik’s image to make it seem evil, says the blog. Kik messaging app bears the brunt of SEC
