The lawsuit alleges that KuCoin illegally made securities available for trading on its unregistered exchange. The lawsuit further alleges that KuCoin's customers who purchased in domestic U.S. transactions are entitled to rescind transactions in certain unregistered digital securities on KuCoin from April 1, 2019, to the present. The court may permit investors to recover their losses for transactions on KuCoin in EOS and TRX during that time.
If you traded in EOS or TRX on KuCoin from the United States at any time after April 1, 2019, we encourage you to contact Kyle Roche ([email protected]) or Edward Normand ([email protected]) at Roche Freedman LLP, or Jordan Goldstein ([email protected]) at Selendy & Gay PLLC.