KuCoin loses Mazars and the consensus of the DNB

KuCoin is being dumped by both Mazars and the Central Bank of the Netherlands, De Nederlandsche Bank (DNB), the latter saying that the company is operating illegally.  The ranking of major crypto exchanges undergoes daily changes and with it, even more sudden are the updates about auditing in the industry.  In the wake of FTX’s collapse that led to losses for millions of users as well as the arrest of founder Sam Bankman-Fried among other repercussions, many cryptocurrency companies ran for cover by hiring auditing firms to verify and certify the collateral of companies.  KuCoin, is currently the third largest