KuCoin CEO announces $10 million airdrop worth of KCS and BTC in appreciation of community support. Exchange faced regulatory troubles after DoJ, CFTC, and HSI called it out for violating AML laws. Rules for the airdrop will be released in three days, but KuCoin token KCS remainsdown 5%.
com/9RprQdMNY3 — James Van Straten March 27, 2024 Amid massive withdrawal transactions, customers experienced delays, which worsened the situation, prompting the exchange to announce the safety of funds.
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KuCoin plans $10M airdrop of BTC, KCS as Justice Dept., CFTC circleKuCoin will hold an airdrop, or cryptocurrency giveaway, for its users after being hit with civil and criminal charges relating to money laundering a day earlier.
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