KuCoin's operator, PEKEN Global Limited, pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay $297 million in penalties to settle charges in the U.S. The ...

Cryptocurrency exchange KuCoin pleaded guilty in Manhattan federal court Monday and agreed to pay nearly $300 million to settle allegations it operated as an unlicensed money-transmitting business ...

U.S. Attorney Damian Williams stated, "KuCoin allegedly deliberately chose not to implement even basic anti-money laundering policies." Trending: Elon Musk Reacts As Tucker Carlson Says 'No Clue ...

KuCoin has pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay nearly $300 million in a settlement with the US, with its founders also forced to resign from the ...