After being sued by the US SEC, Coin An faces a withdrawal wave
On June 6th, data company Nansen stated that investors had withdrawn approximately $790 million from the cryptocurrency exchange Coin and its US subsidiaries in the past 24 hours. Nansen stated that the net outflow of funds from Coin on Ethereum was $778
On June 6th, data company Nansen stated that investors had withdrawn approximately $790 million from the cryptocurrency exchange Coin and its US subsidiaries in the past 24 hours. Nansen stated that the net outflow of funds from Coin on Ethereum was $778.6 million, while the net outflow from its US subsidiary was $13 million.
The day before, the United States Securities and Exchange Commission (SEC) sued the cryptocurrency exchange, Coin On, for operating an illegal trading platform in the United States and improperly handling customer funds.
Tag: After being sued by the US SEC Coin An
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