November 22, 2024

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Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals

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Kucoin’s Legal Woes Spark Massive .7 Billion Withdrawal, Onchain Data Reveals
Kucoin’s Legal Woes Spark Massive .7 Billion Withdrawal, Onchain Data RevealsAfter the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching the Bank Secrecy Act and anti-money laundering regulations, there […]