KuCoin CEO Denies Insolvency Rumors and Exposure to LUNA, 3AC

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KuCoin CEO Denies Insolvency Rumors and Exposure to LUNA, 3AC
France Dernières Nouvelles,France Actualités
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KuCoin's CEO, Johny Lyu, denied all rumors of the exchange being insolvent and said they've had no exposure to LUNA or 3AC.

KuCoin’s CEO, Johny Lyu, denied all rumors of the exchange being insolvent and said they’ve had no exposure to LUNA or 3AC.

Amid all this, rumors are running rampant on a daily basis and the latest to get under the radar was crypto exchange KuCoi.users to withdraw funds from KuCoin immediately. Within hours, the tweet received hundreds of retweets and thousands of likes.recently reported that the CEO of FTX – Sam Bankman-Fried – argued that there are “some third-tier exchanges that are already secretly insolvent.”

No “immense suffer” from any “coin collapse”, no plan to halt withdrawal, everything on Kucoin is operating well.

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