{"id":573063,"date":"2022-07-02T11:52:42","date_gmt":"2022-07-02T10:52:42","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=573063"},"modified":"2022-07-02T11:52:42","modified_gmt":"2022-07-02T10:52:42","slug":"kucoin-ceo-refutes-rumors-that-it-will-pause-withdrawals-or-exposure-to-3ac-luna-or-babel-finance","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/kucoin-ceo-refutes-rumors-that-it-will-pause-withdrawals-or-exposure-to-3ac-luna-or-babel-finance\/","title":{"rendered":"KuCoin CEO Refutes Rumors that the Exchange Will Pause Withdrawals or Had Exposure to 3AC, LUNA or Babel Finance."},"content":{"rendered":"
Summary:<\/p>\n
The CEO of KuCoin, Johnny Lyu, has refuted claims that the crypto exchange is experiencing liquidity issues that could cause it to pause withdrawals in a manner similar to Celsius Network<\/a>.<\/p>\n Mr. Lyu also clarified that the crypto exchange has no exposure to collapsed LUNA, Three Arrows Capital<\/a>, Babel Finance, or any other crypto project undergoing financial woes due to the ongoing crypto winter. He shared his insights into the current operations at KuCoin through the following Tweet.<\/p>\n Be aware of FUDs! <\/p>\n Not sure who's spreading these sheer rumors, and what their intentions are, but #KuCoin<\/a> does not have any exposure to LUNA, 3AC, Babel, etc. <\/p>\n No \u201cimmense suffer\u201d from any \u201ccoin collapse\u201d, no plan to halt withdrawal, everything on KuCoin is operating well.<\/p>\n — Johnny_KuCoin (@lyu_johnny) July 2, 2022<\/a><\/p><\/blockquote>\n\n