With the rumours spreading about Kucoin halting withdrawals soon,…

@Stocker 3 July 2022

With the rumours spreading about Kucoin halting withdrawals soon, this amount of USDT was reportedly sent out from Kucoin exchange. Is this the effect of the news spreading or just a coincidence? Hopefully, traders won't get caught up in this whole drama. #Cryptotrading #Cryptocurrency

+KT
+BCH

3 comments

@CryptoSorted 3 July 2022

I doubt KuCoin will go under. They literally just raised $150 million less than a month ago to expand and accelerate their development. Could they have lost the money and gone insolvent in under 4 weeks? I don't think.
- @Stocker 3 July 2022
  
  I doubt as well. Kucoin has really up their game when it comes to services. I don't want to give the rumour a thought, though it's because how it has been causing so much FUD now made me post this. I still have my funds intact in Kucoin. The only exchange I trust aside Binance.
@baabyyros3 3 July 2022

It's really a huge amount. Maybe it was an effect of the rumors