CryptoChargeKuCoin and Founders Criminally Charged Over Violation of U.S. Anti-Money Laundering Laws
According to the United States Attorney's Office:
Cryptocurrency exchange KuCoin and its founders, Chun Gan and Ke Tang, have been indicted for allegedly operating an unlicensed money transmitting business and violating the Bank Secrecy Act. KuCoin is accused of failing to maintain an adequate anti-money laundering (AML) program, neglecting to verify customer identities, and not filing any suspicious activity reports as required by law.
