ICYMI: KuCoin CEO dismisses rumors of halting withdrawals, reserves right to legal action
at $10 billion valuation in May, it is one of the few platforms still hiring and it remains active amid the market downturn by launching new features.
At the time of the fundraise, CoinMarketCap said KuCoin was the fifth largest crypto exchange, with 18 million users in 207 countries. The CEO added: “For FUDers who intentionally spread unverified info, KuCoin reserves the right to take legal actions.”Transparency is a key principle of KuCoin, Lyu also said on Twitter, adding that the company would soon publish a first-half report on its operations.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Mike Millard has worked as an editor for Bloomberg and Reuters, various newspapers and websites. He lived in Asia for more than two decades and now calls the Greek island of Corfu home. He is the author of three books.
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