KuCoin Struggles Under Allegations

April 3, 2024 Tóth Balázs

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KuCoin, the cryptocurrency broker, experienced a significant outflow in recent days after being charged by the US Department of Justice and the Commodity Futures Trading Commission. According to data from Kaiko, daily trading volume dropped by approximately 75% from $2 billion to $520 million, and since March 26th, over $1.2 billion worth of assets have left the platform.

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KuCoin Struggles Under Allegations

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