Kucoin exchange has been charged with violating anti-money laundering laws by U.S. federals ๐Ÿ’€๐Ÿ’€

The U.S. department said that Kucoin is not implementing a KYC (know your customer) program from 2023, morever they added that Kucoin is receiving over $5 billion and sending over $4 billion of suspicious funds. ๐Ÿ˜ฑ๐Ÿ˜ฑ

Kucoin assured the user that their assets are absolutely safe...

are u sure kucoin haha, time will tell how secure asset on your platform be when U.S. federal will shutdown your exchange like FTX.

Is this a start of great dump which everybody is expecting ?? or i am just dumb..

for now don't keep any asset on Kucoin as gods know what gonna happen to them.

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