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Crypto exchange KuCoin laundered $9B, 'flouted' anti-money lau | Crypto Calendar News

Crypto exchange KuCoin laundered $9B, 'flouted' anti-money laundering laws: DOJ indictment

The Department of Justice lodged charges against crypto exchange KuCoin and two of its founders, alleging they violated anti-money laundering laws. The DOJ unveiled the indictment on Tuesday against KuCoin and two of its founders Chun Gan and Ke Tang over charges related to operating an unlicensed money-transmitting business and and violating the Bank Secrecy Act.

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