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KuCoin confirms an exchange user is behind alleged daily rug pulls

On April 26, a Twitter user identified a wallet address that launched two to five memecoins daily for two years. Another community member pointed out that the wallet addresses were “owned and controlled” by KuCoin. At the moment, blockchain explorer Etherscan has already marked the said address as a fake phishing wallet.

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Source: Cryptocurrency - investing.com

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