Crypto Exchange KuCoin Hit With Record Anti-Money Laundering Penalty in Canada
Decrypt·2025-09-25 21:13
In briefKuCoin was assessed a penalty of 14M USD) for failing to comply with Canadian anti-money laundering policies.The exchange has appealed the decision in Canadian Federal Court.KuCoin pleaded guilty to operating an unlicensed money-transmitting business in the U.S. in January, paying 14 million—over $19.5 milli ...