KuCoin | ForkLog

ForkLog 9 03.04.2024

KuCoin’s Market Share Halves Following US Regulatory Scrutiny

KuCoin’s market share fell from 6.5% to less than 3%. The platform’s client asset coverage level was 112%, with a 20% drop in deposited assets. KuCoin’s market share has more than halved, dropping from 6.5% to less than 3%, while daily trading volume decreased from $2 billion to $520 million, according to Kaiko analysts. Kucoin’s […]

AI translated

ForkLog 12 01.04.2024

KuCoin Case Highlights CFTC and SEC Tensions

The U.S. Commodity Futures Trading Commission (CFTC) may have encroached on the authority of the SEC in its lawsuit against the cryptocurrency exchange KuCoin. This was stated by CFTC Commissioner Caroline Pham. “The lawsuit states that […] securities can themselves constitute leveraged trading under the Commodity Exchange Act. Such an interpretation does not distinguish between […]

AI translated

ForkLog 17 27.03.2024

KuCoin Considered Business Sale Amid Legal Challenges in 2023

Accused of laundering $9 billion, the cryptocurrency exchange KuCoin considered ceasing operations and selling the platform as early as 2023. This was reported by journalist Colin Wu, citing three independent sources, in a tweet. In 2023, the trading platform faced a criminal investigation by the New York State Attorney General’s Office. Chinese authorities also showed […]

AI translated

ForkLog 37 26.03.2024

US Accuses KuCoin of Laundering $9 Billion

The US federal prosecutor charged cryptocurrency exchange KuCoin and its two founders with laundering $9 billion. Authorities allege that platform founders Chun (Michael) Gan and Ke (Eric) Tang failed to implement KYC/AML procedures from 2017 to 2023, despite serving over 30 million clients. Subsequently, identification and verification did not apply to existing users. Thus, the […]

AI translated

ForkLog 12 23.02.2024

KuCoin Users Report Fund Blockages

On February 21, Reddit users began posting messages in the KuCoin subreddit about issues with withdrawing funds from the cryptocurrency exchange. Source: Reddit. “On October 18, I transferred $4800 to KuCoin. My mistake was that the money was sent from a corporate account, so the exchange did not accept it. On November 6, I received […]

AI translated

ForkLog 6 29.12.2023

Indian regulator issues warning to nine bitcoin exchanges

The regulator accused a number of major crypto exchanges of operating without registration and violating anti-money laundering and counter-terrorism financing laws.

AI translated

ForkLog 17 12.12.2023

KuCoin to pay over $22 million to settle New York attorney-general’s claims

The bitcoin exchange KuCoin reached an agreement with the New York State Attorney General to settle the claims, under which it will pay more than $22 million.

AI translated

ForkLog 9 01.12.2023

KuCoin Ventures to back the TON ecosystem

KuCoin Ventures and the TON Foundation have agreed to collaborate.

AI translated

ForkLog 26 29.08.2023

KuCoin and OKX tighten P2P trading for Russians

On 29 August, cryptocurrency exchanges KuCoin and OKX updated their P2P trading rules for Russian users.

AI translated

ForkLog 10 19.08.2023

“Bring back Tone Vays”: hunt for crypto celebrities, tycoon forecasts from Kiyosaki, analysis from KuCoin

Topics: a series of killings of crypto entrepreneurs, criminal prosecutions for operations with digital assets in China, Trump's NFT collection and the start of the US presidential race, forecasts by Robert Kiyosaki and Tom Lee, and KuCoin's study of Russian users.

AI translated

ForkLog 17 15.08.2023

Portrait of a Russian crypto investor — KuCoin study

KuCoin has identified what the average Russian crypto investor looks like. We compare these data with Germany and Japan.

AI translated

ForkLog 7 03.08.2023

KuCoin to suspend Bitcoin and Litecoin mining pools

On 15 August, KuCoin will temporarily suspend mining pools for Bitcoin and Litecoin (LTC).

AI translated

#KuCoin