CryptoBearishProtos · 6h ago7/10
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KuCoin criticized for helping ‘launder’ $9.5M from fake Ledger app
KuCoin exchange faces criticism for allegedly facilitating money laundering of approximately $9.5 million stolen through a fraudulent Ledger Live application. The incident highlights ongoing security vulnerabilities in the crypto ecosystem and raises questions about exchange compliance and anti-money laundering procedures.
