Chapter

Chat App Kik's Cryptocurrency Controversy
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04:02 - 11:47 (07:45)

Kik's CEO plans to focus on getting millions of people to buy Kin to use the app, but the SEC is questioning the company's use of the cryptocurrency for fundraising.

Clips
Two people, Dr. and Azriel, have different experiences using Kik, but they both found that it's common for users to invite others to join and to provide false information during registration.
04:02 - 05:14 (01:12)
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Kik
Summary

Two people, Dr. and Azriel, have different experiences using Kik, but they both found that it's common for users to invite others to join and to provide false information during registration.

Chapter
Chat App Kik's Cryptocurrency Controversy
Episode
93: Kik
Podcast
Darknet Diaries
Kik is an old instant messaging app that allows you to connect with people and join chat rooms with themes like regions and interests.
05:14 - 06:24 (01:10)
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Kik
Summary

Kik is an old instant messaging app that allows you to connect with people and join chat rooms with themes like regions and interests. While it has the potential to be a good forum site, it is not well-maintained, leading to its darker side.

Chapter
Chat App Kik's Cryptocurrency Controversy
Episode
93: Kik
Podcast
Darknet Diaries
Kik made 98 million dollars from their initial sale of the Kin cryptocurrency as their team expanded rapidly, and their pitch to potential advertisers targeted teens.
06:24 - 09:25 (03:00)
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Cryptocurrency
Summary

Kik made 98 million dollars from their initial sale of the Kin cryptocurrency as their team expanded rapidly, and their pitch to potential advertisers targeted teens.

Chapter
Chat App Kik's Cryptocurrency Controversy
Episode
93: Kik
Podcast
Darknet Diaries
Kik's CEO has taken to a blog post and Twitter to respond with full-page ads in the New York Times and the Wall Street Journal.
09:30 - 11:47 (02:17)
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Cryptocurrency
Summary

Kik's CEO has taken to a blog post and Twitter to respond with full-page ads in the New York Times and the Wall Street Journal. In the blog post, he says that the complaint is wrong because Kin is a currency, not a security.

Chapter
Chat App Kik's Cryptocurrency Controversy
Episode
93: Kik
Podcast
Darknet Diaries