We saw them in the morning already, green suits, music through the city…
Later… that same crew running the KuCoin stage at @TMLwinter! 🙏
Energy was crazy.
S/O @euKuCoin 💚 https://t.co/Z6AqL6wXG0
We saw them in the morning already, green suits, music through the city…
Later… that same crew running the KuCoin stage at @TMLwinter! 🙏
Energy was crazy.
S/O @euKuCoin 💚 https://t.co/Z6AqL6wXG0
DUBAI = PIRATE COVE
What’s treacherously on-brand about this is that Kucoin was one of the tiny handful of exchanges I trusted their volume numbers on Bitcoin [BSV]. They were the best of the piratey worst.
How the hell is Justin Sun (HTX Poloniex etc) getting off easily, Binance & Tether/iFinex/BitFinex are rising up even further, but @kucoincom is the one fakeass Dubai goes after?
VARA is a kkklown org.
The first question should come to your mind when you read this news:
WHO ORDERED AND PAID FOR THE HIT?
(if you don’t understand that lingo, ask 400k btc FreeRoss what it means).
Homework: Look up the history of Santo Domingo & Frannie Drake.
JUST IN: KuCoin just got shut down in Dubai.
Not suspended. Not warned. Ordered to immediately cease all virtual asset services to UAE residents by VARA, the same regulator the entire crypto industry spent three years courting as the friendly alternative to Washington.
Pay attention to what is actually happening here.
March 2024: US DOJ charges KuCoin, extracts $297 million in fines and forfeitures for running an unlicensed money transmitter.
February 2026: Austria freezes KuCoin EU operations over AML compliance failures.
March 2026: Dubai’s VARA issues a cease-and-desist for unlicensed operations targeting UAE residents.
Three jurisdictions. Three continents. Twelve months. The same exchange. The same charge: you operated without permission.
This is not a KuCoin story. This is the death certificate of regulatory arbitrage as a crypto business model.
For five years the playbook was simple. Get rejected in New York, set up in Dubai. Get questioned in London, open in Singapore. Treat jurisdictions like
🇦🇪 Dubai Virtual Asset Regulatory Authority issues warning against KuCoin exchange accusing them of offering services to Dubai residents without obtaining necessary regulatory approvals.
The company has been ordered to cease all unlicensed virtual asset and crypto activities. 👀 https://t.co/DdlpgSU6dy