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Cryptoknowmics 2024-03-27 06:00:59

KuCoin Faces Massive Outflow Amid Regulatory Scrutiny

The Exodus KuCoin, one of the prominent cryptocurrency exchanges, experienced a significant net outflow of over $780 million across various chains within 24 hours. This massive exodus comes in the wake of regulatory actions initiated by the U.S. Department of Justice against the exchange and two of its founders. Regulatory Pressure and Financial Impact The … Continue reading "KuCoin Faces Massive Outflow Amid Regulatory Scrutiny" The post KuCoin Faces Massive Outflow Amid Regulatory Scrutiny appeared first on Cryptoknowmics-Crypto News and Media Platform .

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