Independent journalist Jackson Vaughn suspected cryptocurrency exchange KuCoin fraud. Investigating, he found the Hong Kong headquarters of the company at the registered office.
By visiting the office indicated in the registry of companies in Hong Kong address, Jackson Vaughn found in the commercial center of Fu Kyu only companies Rich Moral CPA and Smart Team International Consultants. With the latest KuCoin indirectly connected for cooperation with a companion Smart Team Secretarial.
Employee Rich Moral CPA told the journalist that Smart Team a few years ago left the room. She also said that during her work didn’t hear anything about cryptocurrency companies, including KuCoin, and their possible location in the building.
In his article “Caution: the Hong Kong office KuCoin empty” Jackson pointed Out: if KuCoin acted within the local jurisdiction, the Commission on securities and futures of Hong Kong (SFC) would take steps to stop its activities due to the lack of license.
A journalist suggested that the staff work KuCoin of Sichuan in China, or remotely at home in Hong Kong. But the last option, in his opinion, is unlikely, as the representatives of KuCoin no Hong Kong ID cards or passports.
“None of its Directors does not use Hong Kong not living in Hong Kong. The Chinese living in Hong Kong, must either have a work visa or apply for the issuance of citizenship”, — said Jackson Out, thereby questioning the authenticity of the information about the team of the company.
He also noted that within the crypto community of Hong Kong does not discuss the exchange, and in the news has no advertising campaigns platform.
Vaughn said that the arguments may indicate future frauds by KuCoin, for example, the closure of the stock exchange freezes customer accounts.
In turn, the team KuCoin published a response to the article Jackson Won.
“Public address KuCoin in Hong Kong is just a mailing address one subsidiary KuCoin. Headquarters KuCoin is based in Singapore. KuCoin has always been a global company with over 300 employees in four major offices in China, Singapore, Thailand and the Philippines,” reads the company blog.
This information is confirmed by an article in the blog KuCoin from 12 April 2018 in which the company introduces the team members of the head office in Singapore and shares his plans for business development.
We will remind, in July of ecosystem NEO warned of a possible fraud on the stock exchange Bitpaction.