KuCoin Withdrawals Spike to $1B in Crypto Amid U.S. Regulatory Clampdown

KuCoin Withdrawals Spike to $1B in Crypto Amid U.S. Regulatory Clampdown

Some users complained about delays in withdrawals, spurring concerns about the exchange's health. Blockchain data, however, showed that outgoing transactions from KuCoin were processed, with the delays most likely due to the pent-up withdrawal requests.