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N.Y. U.S. Attorney: Kucoin Pleads Guilty to Unlicensed Money Transmission Charge and Agrees to Pay Penalties Totaling Nearly $300 Million
January 27, 2025
NEW YORK, Jan. 27 -- The office of the U.S. Attorney for the Southern District of New York issued the following news release:

Danielle Sassoon, the United States Attorney for the Southern District of New York, announced that PEKEN GLOBAL LIMITED ("PEKEN"), a Seychelles-based entity that, since at least September 2019, has operated KuCoin, one of the largest cryptocurrency exchanges in the world, pled guilty today to one count of operating an unlicensed money transmitting b . . .

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