The KuCoin exchange has no plans to stop the withdrawal of users' funds and has no problems with the balance. This was stated by the company's CEO Johnny Liu.
"Beware of FUD! I'm not sure who is spreading these empty rumors and what their intentions are, but KuCoin has nothing to do with LUNA, 3AC, Babel [Finance] and others. No "huge suffering" from any "coin collapse", no plans to stop withdrawing funds, everything on KuCoin is working fine," Liu wrote.
Earlier, rumors about the insolvency of the company appeared on the network. Some influencers reported delays in processing withdrawal requests and recommended that users transfer assets to other platforms.