CTFC Hits KuCoin With $500,000 Penalty, Bans Exchange From Allowing US Users To Trade on Platform
Source: Daily Hodl
The Commodity Futures Trading Commission (CFTC) has levied a $500,000 penalty and restrictions against crypto exchange KuCoin’s operator, barring it from allowing US users to trade on its platform without proper registration. The CFTC says a federal court in the Southern District of New York entered