What happened to kucoin?

Could you elaborate on the recent developments surrounding KuCoin? There seems to be a lot of buzz in the crypto community regarding this exchange. What are the key issues or challenges that KuCoin is facing? Has there been any significant security breaches or technical difficulties? What steps is KuCoin taking to address these concerns and restore investor confidence? It would be valuable to gain a deeper understanding of the current situation and what lies ahead for this popular cryptocurrency exchange.