KuCoin charged with AML violations that let cybercriminals launder billions
March 27, 2024 at 10:10AM The US Department of Justice has charged cryptocurrency exchange KuCoin and its founders for failing to comply with anti-money laundering requirements, allowing illicit use of the platform. The indictment claims KuCoin knowingly allowed US users to trade without fulfilling AML obligations. This non-compliance resulted in the movement of at least … Read more