Jucoin is accused of transferring funds in 36 transactions, totaling approximately 3.13 million USDT, during the period when withdrawals were suspended.

CoinFeed reported on June 9th that @DarcyAri, co-founder of FlashRescue, posted on the X platform that Jucoin transferred funds 36 times during the withdrawal ban period, totaling 3,132,140.83 USDT. The outgoing addresses were JuCoin proof-of-reserve addresses starting with 0x0d14. Receiving addresses included: a Binance deposit address starting with 0x959f (approximately 1.88 million USDT), a high-frequency distribution address starting with 0xa9F4 (approximately 1.05 million USDT), and a Cobo address starting with 0x8C2E (200,000 USDT). The team is collecting more Jucoin wallet addresses to trace the funds. Previously, on June 6th, it was reported that JuCoin proof-of-reserve was fake, and that "USDT" and "USDC" were actually tokens issued by the project team itself.