Crypto Exchange Kucoin to Shut in New York, Pay $22 Million to Settle Lawsuit

Crypto Exchange Kucoin to Shut in New York, Pay $22 Million to Settle Lawsuit

The biggest bitcoin exchanges in the world have decided to blacklist New York
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The-biggest-bitcoin-exchanges-in-the-world-have-decided-to-blacklist-New-York.

The biggest bitcoin exchanges in the world have decided to blacklist New York

The-platform's-failure-to-register-with-the-government-before-opening-up-trading-and-buying-of-bitcoins-for-users.

The platform's failure to register with the government before opening up trading and buying of bitcoins for users

Crypto-businesses-must-realize-that-they-have-to-follow-the-same-regulations-as-traditional-financial-institutions,-James-state

Crypto businesses must realize that they have to follow the same regulations as traditional financial institutions," James stated

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Besides-paying-the-state-$5.3-million,-KuCoin-is-returning-$16.7-million-in-bitcoin-to-177,800-investors-in-New-York-as-part-of-its-$22-million-payout.

Besides paying the state $5.3 million, KuCoin is returning $16.7 million in bitcoin to 177,800 investors in New York as part of its $22 million payout

Among-cryptocurrency-spot-exchanges,-KuCoin-lags-behind-Binance,-Coinbase,-and-Kraken.Pic-6-Read-more-stories.

Among cryptocurrency spot exchanges, KuCoin lags behind Binance, Coinbase, and Kraken

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