Criminal Charges Lead to Massive SHIB Withdrawal from KuCoin

Wednesday, 27 March 2024, 08:08

Amid legal storm, a staggering $2 trillion worth of Shiba Inu tokens were pulled from KuCoin after criminal charges surfaced, resulting in a significant $62 million flight from the exchange. However, the situation is not as straightforward as it seems, highlighting the volatility and uncertainty around SHIB and the broader crypto market.
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Criminal Charges Lead to Massive SHIB Withdrawal from KuCoin

Massive $2 Trillion SHIB Exodus from KuCoin Amid Legal Turmoil

Criminal charges have led to a significant withdrawal of Shiba Inu tokens worth $2 trillion from KuCoin. This move follows the surfacing of legal issues, prompting a flight of $62 million from the exchange. However, the situation is more complex than it appears, underscoring the inherent risks in the crypto market and the uncertainties surrounding SHIB.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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