ZachXBT: KuCoin Sends Legal Threat Email to a Victim Involved in $250,000 Stolen Fund Laundering Case

CoinFeed June 30 news, on-chain detective ZachXBT posted that crypto exchange KuCoin has sent a legal threat email to a victim, whose stolen funds were laundered through KuCoin accounts and purchased KYC identities. The case involves an Atomic wallet theft incident on August 18, 2025, with a loss of approximately $250,000, and the stolen funds were transferred to multiple KuCoin deposit addresses. ZachXBT stated that he has repeatedly warned about KuCoin in recent months, including issues such as blocking legitimate users, condoning illegal activities (such as darknet market-related transactions), and slow response to law enforcement requests.