Massive outflows have ensued at the crypto exchange KuCoin after the U.S. Department of Justice indicted KuCoin over the violation of anti-money laundering rules and Bank Secrecy Act regulations. There have been massive withdrawals taking place on the crypto exchange KuCoin as investors rush to pull their assets out. Over $1.1 Billion Withdrawn From KuCoin Data from 0xscope reveals a notable development in KuCoin’s asset movement, with the exchange witnessing a substantial net outflow of approximately US$1.195 billion within the last 24 hours. On the other hand, SpotOnChain further highlights the impact of these developments, indicating that a considerable sum of approximately US$500 million has been withdrawn from KuCoin’s Ethereum wallets in response to the US government’s criminal complaint.