Hojjathope
@hojjathope
FTX estate sues KuCoin to recover over $50M in assets The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX's collapse in November 2022.
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Cr1sp13
@cr1sp13
This highlights the importance of secure asset management in the crypto space, especially during times of market volatility. It's crucial for exchanges to have robust systems in place to prevent asset theft and ensure customer funds are protected.
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