![KuCoin to Pay $22M, Exit N.Y. to Settle NYAG Lawsuit KuCoin to Pay $22M, Exit N.Y. to Settle NYAG Lawsuit](https://digitallifegaming.com/wp-content/uploads/2023/12/DDLEK4V4KVAHFO4ZSAGRUVMFFE-768x402.jpg)
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Kucoin will refund $16.77 million to New York customers and pay $5.3 million to the Attorney General of the State of New York to settle charges it violated securities laws by offering tokens – including ether – that meet the definition of a security without registering with the attorney general’s office.
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