Source: Coindesk.com
Crypto exchange KuCoin and two of its founders were charged with violating anti-money laundering laws by U.S. federal prosecutors. Homeland Security Investigations Special Agent Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy." KuCoin’s native token (KCS) dropped by 5% after the announcement.
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Source: Coindesk.com