HKMA Warns Public About Unregulated ‘Kucoin’ Cryptocurrency Exchange in Hong Kong

As of press time, KuCoin has not made any public statements on the matter. The Hong Kong Monetary Authority (HKMA) has clarified that it has no connection with the crypto exchange and has reiterated that it does not contact individuals regarding personal financial matters.

The charges could see the founders and other related parties facing up to 10 years in prison.

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