Exchange record
KuCoin
Seychelles-based centralized exchange launched in 2017 and still operating under the KuCoin brand.
Key facts
URL handling
Summary
Seychelles-based centralized exchange launched in 2017 and still operating under the KuCoin brand.
Timeline
KuCoin was founded and began operating as a centralized cryptocurrency exchange in 2017.
KuCoin disclosed that private keys associated with hot wallets had been compromised and that large quantities of crypto assets were transferred out of the exchange. The exchange remained active and later reported substantial recovery and insurance coverage.
Peken Global Ltd, operating as KuCoin, pleaded guilty to operating an unlicensed money-transmitting business, agreed to more than $297 million in fines and forfeiture, and accepted a two-year exit from the U.S. market.