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KuCoin, a well-known cryptocurrency exchange, has issued a warning to users about the rise of phishing scams targeting them. Scammers are sending messages that imitate KuCoin's branding to deceive users into thinking they are on the official platform. The exchange emphasized the importance of remaining cautious with unsolicited messages and assured users that authentic updates would only come from KuCoin's official channels. The CEO Johnny Lyu also echoed these sentiments, advising users to be wary of such scams and avoid clicking on suspicious links or files. Despite recent legal issues involving KuCoin, the platform is not shutting down, contrary to the claims made by fraudsters. It is essential for users to stay alert and safeguard their assets from potential scams.