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July 28, 2025
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KuCoin pleads guilty, agrees to pay nearly $300 million in US crypto case
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KuCoin pleads guilty, agrees to pay nearly $300 million in US crypto case

Cs news6 months ago04 mins

By Jonathan Stempel NEW YORK (Reuters) – 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 U.S. Department of Justice said. Peken Global Ltd, which operates as KuCoin, entered its plea before U.S….

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