Announcement on LitePay

To the Entire LTC Community,We wanted to inform you that a couple of days ago, the Litecoin Foundation was contacted by Kenneth Asare, CEO of LitePay, informing us that he has ceased all operations and is preparing to sell the company.Prior to that, the foundation had approached Kenneth regarding his less than transparent nature with the company and to express our, and the community's, concerns regarding his recent Reddit AMA.

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