🚨 After legal problems on the KuCoin exchange, a mysterious investor moved 2 trillion SHIB tokens (worth $62 million) to an unknown address. 🐳

- US prosecutors accused KuCoin of operating an unlicensed money transfer operator and violating the Bank Secrecy Act.

- The exchange is thought to be involved in money laundering allegations.

- This situation led to a large withdrawal of funds from the stock market.

KuCoin has had problems with US authorities in the past. Last year, the exchange was subject to accusations by New York State Attorney General Letitia James and withdrew from the New York market by paying $22 million. This latest development can be considered as moving SHIB tokens to cold storage and can be seen as a positive step. 💼