LitePay a much-hyped payment service allowing vendors to accept and instantly convert Litecoin payments into fiat currencies has ceased all operations. Too Good to Be True The Litecoin Foundation announced yesterday that LitePay CEO Kenneth Asare has shut down all operations related to the project and is actively preparing to sell the company. According to a post on its official website the Litecoin Foundation had previously questioned Asares less than transparent nature with the company Read More The post Its Lights Out for LitePay as Company Ceases All Operations appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/its-lights-out-for-litepay-as-company-ceases-all-operations/