- FatMan warned users to stay away from KuCoin on Twitter.
- KuCoin froze client funds at the request of Terraform Labs, even though the funds did not belong to Terraform Labs.
- KuCoin did not provide a comment when questioned about this issue.
Crypto and Finance Researcher, FatMan, warned users to stay away from KuCoin on Twitter. KuCoin had unilaterally frozen client funds at the request of Terraform Labs, even though the funds did not belong to Terraform Labs.
For ideological reasons, I would recommend staying away from KuCoin.Recently, KuCoin has unilaterally frozen client funds at the request of TFL. The accounts these funds were in did not belong to TFL.This sort of behaviour is simply not okay and deserves reprimand.— FatMan (@FatManTerra) November 30, 2022
Claiming to have no information about KuCoin’s solvency, FatMan claimed that the issue ...
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