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News

KuCoin CEO Says Ignore FUD And There Is No Plan To Stop Crypto Withdrawals

July 3, 2022 - Around 2 mins mins to read

Johnny Lyu, co-founder and CEO of the cryptocurrency exchange KuCoin, stated on Saturday that “everything on KuCoin is running fine” and that there was “no plan to halt withdrawal.”

KuCoin
Johnny Lyu

The operating headquarters of KuCoin, which was introduced in September 2017, are located in Seychelles. With 18 million members in 207 countries and regions, it “offers over 700 digital assets and currently enables spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending.”

At a total valuation of $10 billion in 2022, the business “received approximately $150 million in investors through a pre-Series B round, bringing total investments to $170 million with Round A combined.”

Since March 2020, Lyu has served as the CEO of KuCoin

KuCoin
CEO Says Ignore FUD And There Is No Plan To Stop Cryptocurrency Withdrawals

Earlier today, he turned to Twitter to refute reports that his business was having financial difficulties that were being shared by some users of Crypto Twitter. Here is an illustration of one of these tweets that spreads fear:

This is how the KuCoin CEO started his Twitter thread:

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

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Annie

CoinCu News

CEO of KuCoin

Cryptocurrency exchange

FUD

Johnny Lyu

Kucoin CEO

Stop Cryptocurrency Withdrawals

withdrawals

Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

KuCoin CEO Says Ignore FUD And There Is No Plan To Stop Crypto Withdrawals

Johnny Lyu, co-founder and CEO of the cryptocurrency exchange KuCoin, stated on Saturday that “everything on KuCoin is running fine” and that there was “no plan to halt withdrawal.”

KuCoin
Johnny Lyu

The operating headquarters of KuCoin, which was introduced in September 2017, are located in Seychelles. With 18 million members in 207 countries and regions, it “offers over 700 digital assets and currently enables spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending.”

At a total valuation of $10 billion in 2022, the business “received approximately $150 million in investors through a pre-Series B round, bringing total investments to $170 million with Round A combined.”

Since March 2020, Lyu has served as the CEO of KuCoin

KuCoin
CEO Says Ignore FUD And There Is No Plan To Stop Cryptocurrency Withdrawals

Earlier today, he turned to Twitter to refute reports that his business was having financial difficulties that were being shared by some users of Crypto Twitter. Here is an illustration of one of these tweets that spreads fear:

This is how the KuCoin CEO started his Twitter thread:

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News