is kucoin insolvent

Kucoin has become insolvent, which is not a good news for the coin holders. The news came out in January, and the website that launched the coin has not responded to any inquiries about the situation. As of now, the company is still going through the process of liquidation, which means that the assets of the company will be divided and sold. The coin is worthless, and the only hope for the holders is to sell the coin for as little as possible.