Attention! Regulatory Warnings Against Crypto Exchange KuCoin
Established in 2017, KuCoin is one of the largest crypto exchanges worldwide, with more than 11 million customers. MEK Global Limited, registered in Seychelles, and PhoenixFin Pte. Ltd in Singapore are the operating entities. In early August 2022, Canada's Ontario Securities Exchange (OSC) warned against KuCoin for unauthorized securities trading based on a report of the Capital Markets Tribunal in Toronto. On September 5, 2022, the Spanish CNMV issued a warning against the crypto exchange.