KuCoin To Pay $22M : A Tale of Regulatory Compliance and Investor Protection

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Additionally, KuCoin is tasked with disclosing comprehensive details about its New York clientele to the Attorney General’s office and collaborating with a third-party administrator to refund the $16.7 million to affected investors.

The Unspoken Chapter: KuCoin’s Silence and Legal Representation

As this financial drama unfolds, KuCoin’s response remains a mystery, with no immediate comments on the settlement. Representing the interests of the New York Attorney General’s Office are John R. Ruth, Kenneth Haim, and Shamiso Maswoswe. On KuCoin’s side, the legal battleground is helmed by John Nathanson of Shearman & Sterling LLP.