"Fake FUD Created Around KuCoin": CEO Reacts To Insolvency Claims

In the recent times, KuCoin CEO Johnny Lyu found himself facing rumors about the exchange. Earlier this month, rumor had it that the exchange would halt withdrawals on their platform owing to heavy losses from the LUNA collapse. In a latest, similar speculation is making rounds around the stability of KuCoin. In a blog post, Lyu detailed the company’s current position with respect to its financial status.