KuCoin, a well-known cryptocurrency exchange, has experienced a substantial drop in its Bitcoin (BTC) reserve. In March, the exchange’s BTC reserve declined by more than 25% compared to the previous month. This significant decrease coincides with the recent legal charges brought against KuCoin by the U.S. Department of Justice (DoJ).
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KuCoin Bitcoin Reserve Plunges Over 25% After DoJ Charges
By
Eleanor Ashworth — Editor-in-Chief
About the author · Editor-in-Chief
Eleanor Ashworth
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.