Crypto Exchange KuCoin Pleads Guilty to Running Unlicensed Operations, Will Pay $300M Penalty

Danielle Sassoon, the United States Attorney for the Southern District of New York, announced that PEKEN GLOBAL LIMITED, a Seychelles-based entity that, since at least September 2019, has operated KuCoin, one of the largest cryptocurrency exchanges, pled guilty to “one count of operating an unlicensed… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged crypto exchange, doj, enforcement action, kucoin, money laundering, us