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 (roughly Rs. 2,570 crore) in fines and forfeiture, the US Department of Justice said. Peken Global Ltd, which operates as KuCoin, entered its plea before US District Judge Andrew Carter … Read more