Tag Archives: Kucoin

Kucoin and its founders pay nearly $300 million to settle with the US Department of Justice The exchange will also close business for at least 2 years as a result of not complying with the laws The legal case between crypto-exchange Kucoin and the United States Department of Justice comes to an end. The exchangeContinue reading “Crypto exchange Kucoin and its founders pay millions to settle with US DoJ”

The US DoJ claimed that Kucoin saw a significant business growth by violating US laws The founders of the exchange currently “remain at large” The United States Department of Justice has announced charges against one of the biggest cryptocurrency exchanges – Kucoin. The charges also extend to two founders of the exchange – Chun GanContinue reading “Crypto exchange Kucoin charged for violating anti-money laundering laws”

Less than a month after it was listed on KuCoin, BONK will be made available for trading on Coinbase.

Kucoin settles its case with NYAG and will be existing from New York state as part of the deal The lawsuit was the first regulatory action labelling Ethereum (ETH) as a security The case of New York Attorney General – Letitia James versus Kucoin has reportedly come to an end. According to Reuters, the cryptoContinue reading “Crypto exchange KuCoin reportedly settles lawsuit that labeled ETH as security”

As crypto exchanges Kucoin and Huobi made it to the FCA’s warning list for operating without permission, customers of this crypto platform will not be able to access the Financial Ombudsman Service that settles complaints between customers and financial service providers.

KuCoin has assured compensation for all users who lost funds due to the hackers’ actions on the exchange’s Twitter account. The hack led to a decline of over 2% in the KCS token.

Ethereum (ETH) has been branded as a security by the NYAG alongside two other coins The New York AG wants to stop Kucoin’s operations in the region via the lawsuit The New York Attorney General Letitia James has sued the crypto exchange – Kucoin. The AG claims that Kucoin violated the Martin Act in threeContinue reading “NYAG lists Ethereum (ETH) as security in lawsuit against Kucoin”

Huobi and KuCoin are reportedly allowing customers of sanctioned Russian banks to access their trading platforms. Binance was also allowing Russians to convert local currency to crypto without KYC checks. Popular crypto exchanges KuCoin and Huobi have come under fire for failing to comply with the sanctions imposed on Russia in light of its conflictContinue reading “Exchanges using USDT to trade in Russia despite sanctions: Report”

Anonymous group published API keys of Binance and KuCoin The group claims that these API keys were sold to the highest bidder UPDATE: 3Commas has confirmed that the data leaked by the anonymous group is real. The platform has reached out to Binance, Kucoin, and other exchanges to “revoke all keys connected to 3Commas”. ItContinue reading “Anonymous group publishes 3Commas API keys of Binance and KuCoin users”

Crypto assets or firms, thanks to the FTX exposure, are either being dumped like FTT or closing shop like BlockFi. And allegedly KuCoin exchange’s exposure to FTX spooked users. Amidst the overall bearish market sentiment and BTC struggling to break the $18K resistance, users feared the exchange could be adversely affected alongside its native tokenContinue reading “Attention KCS holders! This week may be far from your expectations because…”

The crypto market’s bearish performance in the first half of 2022 saw 1INCH extend its retracement from its all-time high (ATH) by as much as 93%. Despite this outcome, the network maintained strong development activity. Such has been the case with many crypto companies focused on long-term growth but will this move aid 1INCH’s recovery?Continue reading “1INCH might face short-term bearish retracement- Here’s why”

The current state of the cryptocurrency market is one surrounded by bears. However, Johnny Lyu, CEO of KuCoin had a different approach related to the matter. The CEO was extremely optimistic about the growth of the industry, especially the Indian market. He even exclaimed India to be a “critical market for KuCoin.” Furthermore, according toContinue reading “KuCoin Indian customer base surges by 659% but here’s the issue”