KuCoin to Pay Nearly $300M Fine

KuCoin to pay nearly $300 million in penalties after guilty plea
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.
KuCoin to Pay Nearly $300 Million for Operating an Unlicensed Money Transmitter in the U.S.
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 to Pay Nearly $300M Fine After Pleading Guilty to DOJ Charges
KuCoin was used to launder billions in proceeds from darknet markets, malware, ransomware and fraud schemes, U.S. Attorney Danielle R. Sassoon said in a statement.
KuCoin to Pay $300M After Pleading Guilty to US Criminal Charges
KuCoin, a prominent cryptocurrency exchange with over $38 million global users, has agreed to pay a hefty fine.
KuCoin pleads guilty, agrees to pay nearly $300 million in US crypto case
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,
KuCoin Agrees To Pay $297,000,000 to US Government for Operating Unlicensed Money Transmitting Business
The crypto exchange KuCoin will pay a $297 million penalty to the US government stemming from compliance violations.
KuCoin Pleads Guilty to Unlicensed Operations, Pays $297M Fine
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
KuCoin Strikes $300M Deal With DOJ, Founders Agree To Exit Operations
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
KuCoin Exits US After $297M DOJ Settlement: Guilty Plea Rocks Crypto Giant
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 Pleads Guilty To Unlicensed Money Transmission Charge And Agrees To Pay Penalties Totaling Nearly $300 Million
Danielle Sassoon, the United States Attorney for the Southern District of New York, announced that PEKEN GLOBAL LIMITED (“PEKEN”), a
Crypto exchange KuCoin pleads guilty and accepts $300 million fine
Crypto exchange KuCoin has pleaded guilty to criminal charges and agreed to a fine of almost $300 million.
Compliance Week1d
KuCoin latest crypto firm to pay hefty price for violating BSA with $297M penalty
The Sechelles-based owner of cryptocurrency exchange KuCoin has agreed to pay nearly $300 million in penalties-and cease ...
KuCoin Announces Settlement with the DOJ, Ushering in a New Chapter of Compliance and Growth
KuCoin, a global cryptocurrency exchange, has reached settlements with the U.S. Department of Justice (DOJ), marking the ...