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. Peken Global Limited, the Seychelles-based company that operates KuCoin, has pled guilty to operating an unlicensed money-transmitting business, according to a new press release from the U.S. Attorney’s Office for the Southern District of New York. U.S. […] The post KuCoin... source: https://dailyhodl.com/2025/01/29/kucoin-agrees-to-pay-297000000-to-us-government-for-operating-unlicensed-money-transmitting-business/