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KuCoin Faces Massive Outflow Amid Regulatory Scrutiny

KuCoin MBL

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 …

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