KuCoin Calls wLuna Rumors ‘Disturbing,’ Says No Exposure

However, in a blog post earlier this week, KuCoin CEO Johnny Lyu said that wLuna ERC-20 LUNA was supported in January 2021, and that the service was suspended in May 2022. Lyu explained that the exchange offered wLuna to users during that time period, but swapped the tokens after the old luna tokens ceased to exist – thus providing a rationale for its wLuna holdings at the time.

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