KuCoin Responds to NY AG Lawsuit Claims: “Yet to Receive Any Legal Documents” By DailyCoin

[ad_1]


© Reuters. KuCoin Responds to NY AG Lawsuit Claims: “Yet to Receive Any Legal Documents”
  • Yesterday, New York state Attorney General Letitia James filed a lawsuit in Manhattan.
  • The legal documents target popular crypto exchange KuCoin and PoS altcoin (ETH).
  • A week ago, SEC Chair Gary Gensler declared everything except (BTC) securities.

As the United States government continues curbing crypto, the New York Attorney General has hit the Seychelles-based major crypto exchange KuCoin with a lawsuit for allegedly failing to register with the state. On top of that, Attorney General Letitia James also claimed that Ethereum (ETH) is a security, while KuCoin is wrongfully calling itself an “exchange”.

NY AG: The Martin Act Is Severely Violated

In the lawsuit filed on Thursday in Manhattan, Letitia James claims that KuCoin proceeded to sell unregistered crypto currency assets, including Ethereum (ETH) and Luna…

Continue Reading on DailyCoin



[ad_2]

Source link


© Reuters. KuCoin Responds to NY AG Lawsuit Claims: “Yet to Receive Any Legal Documents”
  • Yesterday, New York state Attorney General Letitia James filed a lawsuit in Manhattan.
  • The legal documents target popular crypto exchange KuCoin and PoS altcoin (ETH).
  • A week ago, SEC Chair Gary Gensler declared everything except (BTC) securities.

As the United States government continues curbing crypto, the New York Attorney General has hit the Seychelles-based major crypto exchange KuCoin with a lawsuit for allegedly failing to register with the state. On top of that, Attorney General Letitia James also claimed that Ethereum (ETH) is a security, while KuCoin is wrongfully calling itself an “exchange”.

NY AG: The Martin Act Is Severely Violated

In the lawsuit filed on Thursday in Manhattan, Letitia James claims that KuCoin proceeded to sell unregistered crypto currency assets, including Ethereum (ETH) and Luna…

Continue Reading on DailyCoin

Add a Comment

Your email address will not be published. Required fields are marked *