Processing your request

please wait...

Case Page


Case Status:    ONGOING    
On or around 04/04/2020 (Date of last review)

Filing Date: April 03, 2020

According to the Complaint, KuCoin launched in September 2017, and claims to have “grown into one of the most popular crypto exchanges,” serving “5 million users”—“[o]ne out of four crypto holders worldwide”—“across 207 countries and regions around the world.” KuCoin facilitates trades in digital assets, including the Tokens, by providing a marketplace and facilities for bringing together buyers and sellers of securities, in exchange for KuCoin taking a fee for every transaction it facilitates.

On behalf of a class of investors who purchased ten digital tokens that KuCoin has sold through its online exchange since September 15, 2017 (the “Class”), without registering under applicable federal and state securities laws as an exchange or broker-dealer, and without a registration statement in effect for the securities it was selling, Plaintiff and members of the Class seek to recover the consideration paid for the tokens and the fees they paid to KuCoin in connection with their purchases of EOS, SNT, QSP, KNC, TRX, OMG, LEND, ELF, CVC, and TOMO (together, the “Tokens”).


Sector: Financial
Industry: Consumer Financial Services
Headquarters: Singapore


Ticker Symbol: N/A
Company Market: N/A
Market Status: N/A

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. New York
DOCKET #: 20-CV-02806
JUDGE: Hon. George B. Daniels
DATE FILED: 04/03/2020
CLASS PERIOD END: 04/03/2020
  1. Roche Cyrulnik Freedman LLP
  2. Selendy & Gay, PLLC
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available