The operator of KuCoin Exchange is prohibited from allowing U.S. participants to access KuCoin Exchange without registering as a Foreign Board of Trade and must pay a $500,000 penalty.
Dubai’s VARA today issued an alert in relation to the company Phoenixfin Pte Ltd, MEK Global Limited, Peken Global Limited, and Kucoin Exchange EU Gmbh.
The Commodity Futures Trading Commission (CFTC) has reached an agreement with Mek Global Limited to resolve the legal matter against the company.
The Commodity Futures Trading Commission (CFTC) has provided an update on its lawsuit against KuCoin operators.
James Pinch has previously worked in a variety of operating and compliance related positions at a number of FX and CFDs brokers in Australia.
The negotiations between the CFTC and KuCoin to resolve a lawsuit brought by the regulator are advancing.
The complaint alleges KuCoin illegally dealt in off-exchange commodity futures transactions and leveraged, margined, or financed retail commodity transactions.
New York Attorney General Letitia James has filed a lawsuit against KuCoin for failing to register as a securities and commodities broker-dealer.
Get FNG's daily newsletter to receive notice of all articles like this one, in a concise daily email.
Subscribe now!
