New York state Attorney General Letitia James announced that she has filed suit against cryptocurrency exchange KuCoin after she was able to buy and sell crypto on the exchange, which is not registered in New York.
In addition, KuCoin is alleged to have issued and sold its KuCoin Earn product, which the complaint labels a security, without registering as a securities broker or dealer. Also, it alleges KuCoin misrepresented itself as an exchange, since it lacked registration for that function as well.The suit stated that “under both state and federal authority, ETH, LUNA, and UST are commodities,” under the state’s Martin Act, and KuCoin filed to register as a commodities broker.
This is our eighth action to rein in shadowy cryptocurrency platforms that disregard our laws and put New Yorkers at risk.
kucoincom Uff so many pistols out shooting , just awful ! Like I said, they’re determined to take us out . And they will not succeed.
kucoincom How about writing articles? The Gemini still held over 300,000 customers' Fund.
kucoincom Crypto is not a commodity
kucoincom New Yorkers should lock up each and everyone of their so called public officials for 'extreme extortion' and TREASON! The federal reserve is a criminal mafia institution that bullies the world. It's time to chop, lock and load.
kucoincom Old news. Grow up kids. You people are just trying to create FUD.
Is it true lyu_johnny
In addition, KuCoin is alleged to have issued and sold its KuCoin Earn product, which the complaint labels a security, without registering as a securities broker or dealer. Also, it alleges KuCoin misrepresented itself as an exchange, since it lacked registration...
Collar, which owns Ethernet Square, has wealth, because it also has the web3.0 blockchain game 'DAO' decentralized exchange meta-universe. Soha collar
Someone at DigiFinex stole my Evmos, so now it's time to press charges. Just a bunch of thieves and scammers like Do Kwon.
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Source: CoinDesk - 🏆 291. / 63 Read more »