Shytoshi Kusama responds to Vitalik Buterin's mention of Shiba Inu, igniting community enthusiasm.
Vitalik Buterin's Tweet Sparks Enthusiasm Among Shiba Inu Supporters
In a recent post on the X/Twitter platform, Ethereum cofounder and frontman Vitalik Buterin mentioned the popular meme cryptocurrency Shiba Inu, eliciting a flood of responses from the SHIB community and crypto influencers. Shytoshi Kusama, the mysterious SHIB leader, quoted Vitalik's tweet and responded with his own.
Kusama was pleased with Buterin's tweet. Vitalik Buterin shared his impression of the Shiba Inu meme coin after disposing of the massive SHIB chunk. He was most likely referring to the 500 billion SHIB the project's pseudonymous founder, Ryoshi, sent to him in 2021, representing half of the total one-quadrillion supply.
Buterin stated that he donated a large portion of his SHIB stash to charity, expecting this meme coin to plunge 100x in just a few days, so he had to act quickly. He wanted the receivers to have enough time to cash out the SHIB for at least $10 million to $25 million. But then he said something that made the Shiba Inu army very happy: "But of course SHIB massively outperformed by expectations."
Shytoshi Kusama quoted Buterin's X/Twitter post and responded with a bullish hashtag, #SHIBARMYSTRONG. This sparked great enthusiasm among the Shiba Inu community.
KuCoin Faces Massive Crypto Withdrawals Amid Allegations of Criminal Activity
According to a recent report published by popular cryptocurrency tracking bot Whale Alert, a staggering two trillion Shiba Inu coins worth $62,232,000 were withdrawn from a major KuCoin exchange.
This was not the only large transaction in which cryptocurrency left this trading platform in the last 24 hours. According to U.Today, the crypto trading venue has lost $500 million in cryptocurrency.
Withdrawals began one after the other after news spread throughout the crypto space that KuCoin and its two founders had been charged with crimes in the United States. Department of Justice. They were charged with being "a haven for illicit money laundering" after violating the Bank Secrecy Act, similar to the charge levied against former Binance CEO CZ.
From 2020 to 2022, KuCoin supported criminal activity on its virtual premises. Furthermore, the platform received several millions of dollars from the sanctioned mixer Tornado Cash and made no attempt to report any suspicious transfers.
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