Following the negative news of criminal charges against KuCoin by the US Government, a significant movement of assets away from the exchange has been observed. Spotonchain data reveals that approximately $500 million has been withdrawn from KuCoin on the Ethereum network in the past few hours. ~$500M has been withdrawn from the Kucoin exchange on the Ethereum network in the past hours after the US Government indicted KuCoin on Criminal Charges. The top withdrawing:~274M $USDT~15.5K $ETH (~$55M)~50M $ONDO (~$46M)~12M $FET (~$34M)~95.38M $GHX (~$21.8M) More… pic.twitter.com/6gQW0ybnZB — Spot On Chain (@spotonchain) March 27, 2024 The top assets being withdrawn include approximately
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