As part of the settlement, KuCoin has agreed to exit from the U.S. market for the next two years. The company said its U.S. users can still withdraw their funds but are banned fro

KuCoin, one of the world's largest cryptocurrency exchanges, pleaded guilty on Monday to operating an unlicensed money transmitting business, and agreed to more than $297 million in fines and forfeiture,

The crypto exchange KuCoin will pay a $297 million penalty to the US government stemming from compliance violations.

KuCoin has agreed to pay $297 million in penalties, exit the U.S. market for two years, and replace its founders after pleading guilty to

Danielle Sassoon, the United States Attorney for the Southern District of New York, announced that PEKEN GLOBAL LIMITED (“PEKEN”), a

Crypto exchange KuCoin has pleaded guilty to criminal charges and agreed to a fine of almost $300 million.

Crypto exchange KuCoin has reached a settlement with the US Department of Justice to exit the US market for a minimum of two years.

KuCoin settled charges with the DOJ for operating an unlicensed money-transmitting business. The exchange agreed to pay $300 million in fines and forfeitures. KuCoin’s founders

One of the world’s biggest cryptocurrency exchanges, KuCoin, has pleaded guilty to violating US regulations by operating an unlicensed money transfer business.

KuCoin, one of the largest cryptocurrency exchanges globally, pleaded guilty to operating an unlicensed money transmitting business and agreed to pay over $297 million in fines and forfeiture, the U.S.