In a recent post on Medium a man named Jackson Wong shared his thoughts about visiting the Kucoin Exchange HQ in Hong Kong. This led to a series of rumours and conspiracy theories.

In his findings he mentioned that at the location provided by Kucoin there was absolutely nothing and the only thing was a Name Plate. Now naturally this brews a lot of suspicions in everyone's mind.

Is Kucoin going to be the Mt. Gox 2.0?

That is the magical question on everyone's mind. Although Kucoin has come forward and said that the Address given was just one of their many Offices and they use that as a PO Box. That being said this is the Cryptocurrency Market and Rumours do a lot of damage.

What did I do?

As many of you might know I hold a lot of Kucoin Shares as I liked their Business model. But due to recent circumstances I had to rethink about everything. So yesterday I sold all my Kucoin Shares to buy Litecoin and I withdraw all of them from the exchange.

To be completely honest I feel like this Rumour might take Kucoin Shares to a New bottom and I will be waiting to buy them at a Discount.