2 years ago
New York Attorney General Letitia James has filed a suit against crypto speech KuCoin, according to a March 9 announcement.
That announcement says that the Office of the Attorney General (OAG) was capable to commercialized crypto connected the exchange, which is not registered successful the state.
The bureau present aims to halt KuCoin from operating wrong New York. The institution volition beryllium told to restrict entree to its website until it tin comply.
The OAG besides says that KuCoin claims to beryllium an speech but is not registered with the U.S. Securities and Exchange Commission. It besides allegedly offers unregistered securities done KuCoin Earn — a lending and staking project.
The Attorney General made akin allegations against CoinEx successful precocious February. It has besides taken enactment against respective different cryptocurrency companies successful the past.
The station NYAG sues KuCoin implicit New York operations appeared archetypal connected CryptoSlate.
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