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📣 KuCoin Pleads Guilty, Agrees to $300M Settlement KuCoin admitted to operating an unlicensed money-transmitting business in the U.S. and will pay $297M in fines and forfeitures. The exchange will halt U.S. operations for two years, allowing withdrawals but banning trading. Co-founders forfeited $2.7M each and stepped down, while KuCoin plans to improve compliance for a potential future return.
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