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KuCoin, one of the world's largest cryptocurrency exchanges, has agreed to block New York users from its platform and pay $22 million to settle a lawsuit brought by the state as part of its push ...
NEW YORK (Reuters) -New York's attorney general on Thursday sued KuCoin for failing to register with the state before letting investors buy and sell cryptocurrencies on its platform, as part of ...
New York Attorney General Letitia James today filed a lawsuit against cryptocurrency exchange KuCoin, claiming that the company failed to register as a security and commodities broker-dealer and is fa ...
Major crypto exchange KuCoin has agreed to pay $22 million in fines to the State of New York. In addition to the fine, KuCoin will prevent state residents from using its platform to perform ...
The Order states that approximately $16.8 million worth of fiat and crypto was held by New York citizens which will be returned to the accountholders. KuCoin will pay a $5.3 million penalty as ...
New York Attorney General Letitia James today continued her efforts to crack down on unregistered cryptocurrency platforms by filing a lawsuit against KuCoin for failing to register as a ...
In January, 10 states including New York secured up to $24 million from the cryptocurrency company Nexo Inc, which they also accused of operating illegally. KuCoin is headquartered in the Seychelles.
KuCoin's $22 million payment includes a $5.3 million payment to the state and the refunding of $16.7 million worth of cryptocurrency to 177,800 New York investors. KuCoin trails Binance, Coinbase and ...
New York's attorney general on Thursday sued KuCoin for failing to register with the state before letting investors buy and sell cryptocurrencies on its platform, as part of her effort to rein in ...