Kin Crashes on SEC Lawsuit News

Cryptonews Kin (KIN), the native token of the Kin blockchain, crashed following the news that the U.S. Securities and Exchange Commission (SEC) sued developer of this ecosystem, Canada-based Kik Interactive. The price of KIN, which is now ranked 232nd by market capitalization, nosedived by 45% after the news went public, before rebounding. At pixel time (06:55 UTC), the coin is down b June 05, 2019 at 11:03AM By Crypto News