Over the past week, KuCoin (CRYPTO:KCS), a prominent cryptocurrency exchange, has found itself embroiled in intense regulatory controversy.

The exchange came under fire last Tuesday when it was charged with multiple regulatory infractions and breaches of anti-money laundering (AML) legislations in the United States.

Following the announcement of these lawsuits, the exchange has reportedly encountered numerous obstacles.

The scrutiny has placed KuCoin in a difficult position as it navigates this complicated legal and regulatory landscape.