KuCoin: ZachXBT Alleges $13M Laundering

KuCoin enabled a top user known as AudiA6 to run centralized mixing services for cybercriminals, allowing $9.5M tied to a fake Ledger app and $3.5M from the Bitcoin Depot incident to clear through 175-plus deposit addresses in recent days.

BTC trades at $62823.63 inside its Bollinger band with upper resistance at $64098.26. Price sits below the EMA50 at $63766.07 yet the MACD golden cross at -122.2 signals building momentum while RSI at 51.75 stays neutral, pointing to a likely test of the $60823.39 lower band before any sustained move higher amid ongoing exchange scrutiny.