KuCoin CEO JohnnyLyu tweeted in response to some market rumors that KuCoin has no exposure to LUNA, 3AC, Babel and other institutions, has not suffered major losses, and will not stop user withdrawals.
In addition, he said that KuCoin is about to release a review report for the first half of 2022, from which to learn more about KuCoin’s operations. KuCoin reserves the right to take legal action against rumormongers who deliberately spread unverified information.