New York Attorney General Letitia James is taking another swing at the cryptocurrency industry with a lawsuit accusing KuCoin, one of the world’s most popular crypto-exchanges, of operating in the state without a license.
KuCoin, based in the island nation of Seychelles, failed to register as a securities and commodities broker-dealer in New York and falsely represents itself as an exchange, according to the lawsuit filed Thursday in state court.
