Taiwanese celeb raises $37M for Solana memecoin via a single tweet, KuCoin airdrop to stem losses following charges and more: Asia Express.
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Cryptocurrency exchange KuCoin is airdropping $10 million in Bitcoin and its native token KCS to users to try to convince them to stick by the exchange after a criminal indictment by prosecutors of the U.S. Southern District of New York as well as civil charges filed by the U.S. Commodity Futures Trading Commission (CFTC).
“I would like to express my gratitude to all KuCoin users for your support, trust, and companionship during the past few days and the past seven years,” wrote Johnny Lyu, CEO of KuCoin: “We will absolutely ensure the security of user assets as always and comply with regulations to fulfill our trust.”