KuCoin’s assets and market share slide amid legal woes and user withdrawals

Oluwapelumi Adejumo

Recent legal challenges with US authorities have resulted in a noticeable decline in user assets on KuCoin, according to the exchange’s latest proof-of-reserve certificate. According to the update, the exchange users’ Bitcoin holdings decreased 25.4% to 12,114 BTC in March, while Ethereum balances plummeted by approximately 22% to around 112,000 ETH. Similarly, the amount of […]

The post KuCoin’s assets and market share slide amid legal woes and user withdrawals appeared first on CryptoSlate.

Go here to Read this Fast! KuCoin’s assets and market share slide amid legal woes and user withdrawals

Originally appeared here:
KuCoin’s assets and market share slide amid legal woes and user withdrawals