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

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

March 27, 2024

Kucoins-Legal-Woes-Spark-Massive-17-Billion-Withdrawal-Onchain-Data.jpg

After 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indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange.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 […]

Source link

Tags
Bitcoin
crypto
Cryptocurrency
DOJ Kucoin
Ethereum
KCS
KuCoin
Kucoin DOJ
Kucoin outflows
Onchain

Bitcoin Mining Was More Profitable in February Than January: Jefferies

‘Bitcoin Miner’ Was a Dead Game—Until It Started Paying Real BTC Earnings

Read This