![KuCoin Resolves Legal Dispute: Agrees to Pay $22 Million](https://coinobserver.net/wp-content/uploads/2023/12/kucoinny.jpg)
KuCoin Resolves Legal Dispute: Agrees to Pay $22 Million
KuCoin, a renowned cryptocurrency exchange, faces a notable legal shift by agreeing to halt operations in New York. The court settlement demands that KuCoin refund $16.7 million in cryptocurrencies to users. Moreover, the exchange is obligated to pay a substantial $5.3 million fine. In addition to this, the agreement underscores KuCoin’s acknowledgment of legal consequences….