Breaking: KuCoin Crypto Exchange Sued By NYAG Over Selling Securities

On Thursday, the office of the New York Attorney General filed a lawsuit against the cryptocurrency exchange KuCoin, saying that the company marketed unregistered securities and commodities. According to the allegations made by NYAG in the lawsuit, the Seychelles-based KuCoin has been conducting business in New York without being registered as a securities and commodities broker-dealer.