In a major crackdown, KuCoin has pleaded guilty to violating U.S. anti-money laundering (AML) laws, agreeing to pay $297 million in fines and exit the U.S. market for at least two years. The China-based crypto exchange admitted to operating an unlicensed money-transmitting business and failing to implement proper know-your-customer (KYC) protocols. Billions in Suspicious Transactions … Continue reading "KuCoin Pleads Guilty to AML Violations, Fined $297 Million" The post KuCoin Pleads Guilty to AML Violations, Fined $297 Million appeared first on Cryptoknowmics-Crypto News and Media Platform .