Nearly 25,000 ‘FUD creating’ tweets were spread against KuCoin in Twitter.
CEO Johnny Lyu tweets all is fine at KuCoin and they have no exposure to LUNA, 3AC, and Babel Finance.
A 2019 report shows KuCoin entered a strategic partnership with Bable Finance.
KuCoin, one of the largest cryptocurrency exchanges, has been trending on Twitter for the last 24 hours with over 25,000 tweets, but for the wrong reasons. The trending terms include “KuCoin bankrupt,” “KuCoin insolvent,” and “KuCoin withdraw.”
So far, only unreliable sources are calling on people to withdraw their cryptocurrency from the KuCoin exchange claiming the exchange may halt withdrawal soon. The CEO of KuCoin Johnny Lyu consequently created a Twitter trend to shed light on the state of affairs at KuCoin.
He said those information about KuCoin is all rumors and that KuCoin has no exposure to Terra LUNA, Three Arrow Capital, Babel Bank, etc. And that neither do they have plans to halt withdrawal, “everything on KuCoin is...
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