Yikes
the defendants allowed KuCoin to operate in the shadows of the financial markets and be used as a haven for illicit money laundering, with KuCoin receiving over $5 billion and sending over $4 billion of suspicious and criminal funds.
"suspicious and criminal funds" sounds very ambiguous. Almost like the DoJ doesn't need evidence to back up their accusations anymore. This is yet another (probably baseless) swing at the cryptocurrency industry that's bound to fail.
It probably hurts to be so entrenched in the system, like these government employees are, and see their US dollar lose more value than even some of these shitcoins.
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Yup you nailed it!
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0 sats \ 1 reply \ @OT 26 Mar
Where is kucoin based?
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Per Google- About KuCoin The company provides spot trading, margin trading, purchase-to-pay fiat trading, futures trading, staking, and lending. It was founded in 2017 and is based in Mahe, Seychelles.
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