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Nigeria Directs Entities to Identify Those Dealing Crypto With Bybit, KuCoin, OKX and Binance
24.4.2024
The Central Bank of Nigeria issued a directive on Tuesday asking financial institutions to identify persons or entities transacting in or operating Bybit, KuCoin, OKX and Binance, according to contents of the letter seen by CoinDesk
KuCoin Market Share Plunges By 50% Amid Legal Tussle With US Authorities
4.4.2024
Due to large money outflows, KuCoin's market share has significantly decreased, going from roughly 6.5% to less than 3%. This is in line with an April 2 Kaiko data release. The decrease in market share coincides with a lawsuit that was launched on March 26 against the Commodity Futures Trading...
KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges
28.3.2024
KuCoin has announced a $10 million airdrop of Bitcoin and its native KuCoin (KCS) token to their loyal customers.
The post KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges appeared first on Cryptonews
CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
28.3.2024
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple...
VanEck Advisor Gabor Gurbacs Concerned Over the Impact of Stringent Crypto Regulations on Innovation
27.3.2024
VanEck advisor Gabor Gurbacs had on March 27 expressed concerns over the incompetence of modern-day crypto regulations and their negative effects on innovations. His criticism stemmed from the instability in the crypto industry as it relates to the regulatory framework in light of the US Securities...
KuCoin Withdrawals Spike to $1B in Crypto Amid U.S. Regulatory Clampdown
27.3.2024
The surge occurred as U.S. federal prosecutors charged the exchange and two of its founders with violating anti-money laundering laws on Tuesday
Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals
27.3.2024
After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching...
KuCoin Appears Not to Commingle User Funds and has “Sufficient” Reserves: CryptoQuant CEO
27.3.2024
In the midst of criminal allegations and growing concerns over its reserves, the Seychelles-based cryptocurrency exchange KuCoin has received a vote of confidence from Ki Young Ju, the founder and CEO of crypto analytics service CryptoQuant.
The post KuCoin Appears Not to Commingle User Funds...
KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US
27.3.2024
Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws.
The post KuCoin Sees Over $1 Billion Outflows After Money Laundering...
Nansen Reports $200 Million Exodus From Kucoin After DOJ Action
26.3.2024
Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible...
KuCoin Crypto Exchange and Founders Charged by DOJ for $9B Laundering, Anti-Money Laundering Violations
26.3.2024
Crypto exchange KuCoin and two of its founders just got charged by US authorities for operating as an illegal exchange in the USA, as well as for failing to implement anti-money laundering protocols.
The post KuCoin Crypto Exchange and Founders Charged by DOJ for $9B Laundering, Anti-Money...
Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations
26.3.2024
The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws. Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering Failures Damian Williams, the United States Attorney...
Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
26.3.2024
U.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and failed to both register with U.S. government entities...
Bitwise Bitcoin ETF Among Top 25 Fastest ETFs to Reach $1 Billion in Assets + More Crypto News
16.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Bitwise Bitcoin ETF Among Top 25 Fastest ETFs to Reach $1 Billion in Assets KuCoin, Mocaverse, and Halo Wallet Forge Strategic Partnership...
Animoca Brands and HashKey Sign Strategic Partnership Deal + More Crypto News
24.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Animoca Brands and HashKey Sign Strategic Partnership Deal KuCard Crypto News: Apple Pay Integration Bitget Reveals Smart Copy Mode __________...
Web3 Music Startup TRAX Raises $2.9M in Decentralized Funding Round + More Crypto News
16.1.2024
Source: AdobeStock / Prostock-studio Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: TRAX Crypto News: $2.9M Raised in Decentralized Funding Round KuCoin Labs Partners with ETGM...
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
10.1.2024
Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine such entities were sent compliance show cause notices by the Indian government
India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
29.12.2023
The Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16
India Issues Compliance 'Show Cause' Notices to 9 Offshore Exchanges Including Binance and KuCoin
28.12.2023
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges
Bitcoin Struggles for Direction in Run-Up to Christmas + More News
19.12.2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin Struggles for Direction in Run-Up to Christmas Hong Kong’s AIA Carnival to Accept Cryptocurrency Payments in Partnership with...