KuCoin and its two founders were indicted on charges including violating U.S. anti-money laundering laws
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Apr 1
On March 26, the U.S. Attorney’s Office for the Southern District of New York stated that the cryptocurrency trading platform KuCoin and its two founders were charged with bank secrecy laws and unauthorized fund transmissions, and charged them with conspiring to operate without authorization. licensed money transmission business and conspired to violate the Bank Secrecy Act, knowingly failed to maintain an adequate anti-money laundering (AML) program designed to prevent KuCoin from being used...
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