An analyst named Ki Young Ju, who is the founder and CEO of the crypto analytics service CryptoQuant, has given a positive assessment of the Seychelles-based crypto exchange KuCoin. Despite facing criminal allegations and user concerns over its reserves, Ki Young Ju stated that KuCoin seems to be handling withdrawals well and has enough reserves to process them without mixing customer funds. Comparing KuCoin's reserves to the now-defunct exchange FTX, Ju noted that KuCoin has maintained a clear separation between customer funds and its own reserves. This analysis comes in the midst of legal troubles for KuCoin's founders, Chun Gan and Ke Tang, who are accused of neglecting an Anti-Money Laundering program. The market response to these allegations has been relatively calm, with the Crypto Fear and Greed Index showing high levels of greed. Concerns over the reserves of exchanges like KuCoin can lead to significant withdrawals by users, as seen in the case of FTX. Market reactions to these concerns can have a ripple effect, impacting the wider cryptocurrency market.
KuCoin Analysis by CryptoQuant CEO

by Giorgi Kostiuk
2 years ago

Other news
Analysts Debunk BlackRock Altcoin Rescue Fund Rumors

Industry analysts have dismissed rumors about BlackRock launching a rescue fund for altcoins like XRP and Solana, emphasizing the company's focus on established Bitcoin and Ethereum ETFs.

New Editorial Guidelines Target Enhanced Standards.

A new editorial policy has been established by the editorial team at Farside, focusing on accuracy, relevance, and impartiality to enhance the quality of content.

Cardano Implements Strict Editorial Policy for Development Updates

The Cardano development team has announced a new strict editorial policy that emphasizes accuracy, relevance, and impartiality in their updates.

Federal Reserve Enforces Rigorous Editorial Guidelines.

The Federal Reserve has introduced a new editorial policy that focuses on accuracy, relevance, and impartiality in its communications.

Memecores M Price Surges After Significant Crash

Memecores M price has surged by 848% in daily charts and 934% in weekly charts after a 75% crash, raising questions about the legitimacy of the rally.

Solana dApps Generate $257 Million in Revenue in Q2 2026

Solana dApps generated $257 million in revenue in Q2 2026, leading Layer 1 and Layer 2 networks.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter