KuCoin Failed to Comply With Money Laundering Rules, Used for $9 Billion in Suspect Crypto Trades, US Says

KuCoin has been charged by US prosecutors along with two of its founders for failing to comply with US anti-money laundering rules. One of the world’s largest cryptocurrency exchanges, KuCoin was established in 201. It has now been charged with “wilfully failing” to establish and maintain a program to keep the platform from being used for illicit activity, includi…