Anti-FUD Fund

The CEO of crypto exchange KuCoin says it is launching an “Anti-FUD Fund” to track down and potentially take legal action against “FUDers” and educate crypto users on identifying misinformation. Johnny Lyu, CEO of the exchange, announced the fund in a Tuesday Twitter thread, coming only days after publishing a blog post criticizing Twitter user Otteroooo for spreading misinformation about his firm.  (1/5) FUD benefits no one except the FUDers. It misleads investors and harms the industry’s image and market confidence. To build a crypto space with less FUD, #KuCoin is going to launch an Anti-FUD Fund. Currently, the fund will mainly focus on… thread pic.twitter.com/dWA93nEmHz — Johnny_KuCoin (@lyu_johnny) July 26, 2022 Lyu said the Anti-FUD fund will cover three elements, the fir...