KuCoin cryptocurrency exchange has reached a settlement with the U.S. Department of Justice (DOJ). At the same time, KuCoin's founders Chun Gan and Ke Tang also reached a settlement agreement with the U.S. Department of Justice (DOJ). According to the agreement, the Justice Department agreed to drop all charges against the two founders after they meet certain conditions. As part of the settlement agreement, Michael announced that he would withdraw from all positions related to KuCoin and its affiliates.