TL;DR
An investor moved 2 trillion SHIB tokens from KuCoin to an unknown address following US legal action against the exchange.
The company faces allegations of aiding in money laundering, leading to significant fund withdrawals amid the controversy.
According to Whale Alert, a mysterious investor moved 2 trillion SHIB tokens (worth over $62 million) from the cryptocurrency exchange KuCoin to an unknown address yesterday (March 27), shortly after the company was targeted by US prosecutors.
2,000,000,000,000 #SHIB (62,232,000 USD) transferred from #Kucoin to unknown wallethttps://t.co/5mARFlvcou
— Whale Alert (@whale_alert) March 27, 2024
As CryptoPotato reported, American magistrates accused KuCoin of operating an unlicensed money-transmitting business and violating the Bank Secrecy Act. They also claimed the firm failed to implement anti-money laundering (AML) and know-your-customer (KYC) procedures.
Darren McCormack – HSI Acting Agent in Charge – claimed that KuCoin a
We współpracy z: https://cryptopotato.com/bullish-for-shiba-inu-whale-withdraws-2-trillion-shib-from-troubled-exchange-kucoin/
