XRP Alert: Massive 210 Million XRP Move Sparks Intrigue

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XRP Alert: Massive 210 Million XRP Move Sparks Intrigue
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XRP spurs attention with latest on-chain activity

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On Tuesday, U.S. prosecutors charged the KuCoin crypto exchange and two of its founders with violating the country's anti-money laundering rules. The Commodity Futures Trading Commission also filed its complaint against the exchange.The news initially triggered a withdrawal frenzy on KuCoin. In the wake of the development, Johnny Lyu, the KuCoin CEO, reassured users, stating that the legal matter was being handled appropriately.

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