Every dollar amount and date on this page is quoted from the official settlement document.
KuCoin $22M New York Enforcement Action Settlement
Court case: People of the State of New York vs. MEK Global Limited and PhoenixFin Pte Ltd d/b/a KuCoin
New York customers who traded on KuCoin between 2017 and 2023 can get their account balances back — about $16,766,642 in customer assets is being returned.
Official eligibility wordingNew York customers who bought or sold cryptocurrency on KuCoin between 2017–2023 and qualify as a NY customer (NY address/phone, NY IP access, or NY KYC verification on file as of November 29, 2023). Checked against the official settlement source by SettleSignal on June 19, 2026.
Proof requirement not specified here — check the official site for what documentation, if any, a claim needs.
Key facts
- Who may qualify You may qualify if you are a New York customer who bought or sold cryptocurrency on KuCoin between 2017 and 2023 and qualify as a New York customer through a New York address or phone, New York IP access, or New York KYC verification on file as of November 29, 2023.
- Estimated payoutApproximately $16,766,642 in customer assets returned (account balances as of November 29, 2023), plus $5.3 million paid to the NY AG.
- Claim deadlineFebruary 28, 2029
- What you needFile through the official process as a qualifying New York customer.
- CourtSupreme Court of the State of New York, County of New York
What you'll need to file
From our inspection of the official claim form:
- Filing method Online or mail-in
- Notice ID Optional — there is a no-notice path
- Documentation Online claim requires connecting a KuCoin depositing wallet via the online wallet connector and providing any required personal identification information; mail-in claim to include supporting documentation.
How hard is this claim to file?
What the form asks
- — Your full legal name, address, and other KYC-relevant details matching what KuCoin has on file (Your government-issued ID and any KuCoin account registration records)
- — Upload or submit two separate government-issued or equivalent ID documents (Passport, driver's license, state ID, or similar documents)
- — Connect your depositing wallet(s) through the online wallet connector; if unable, provide exchange/wallet account information such as screenshots or videos (Your crypto wallet app, exchange account history, or transaction records)
- — Select one: in-kind cryptocurrency (AVAX, SOL, BTC, USDC, DOGE, XLM, ETH, XRP, SHIB), USDC stablecoin payment, or USD check (Your own preference — decide based on which coins you held or your preferred settlement format)
- — Any additional information or signed attestations requested by the claims administrator during review (Provided as part of the online or paper claim form)
Documents you'll need
Watch out for
- This is not a no-proof settlement — documentation is required to substantiate every claim
- If you cannot connect your depositing wallet via the online connector, you must provide exchange or wallet account information such as screenshots or videos as proof of ownership
- Users who completed KYC as a non-U.S. national or a U.S. national with non-New York identification and only accessed KuCoin via a NY IP or GPS location may not qualify
- Payout reflects your account balance as of November 29, 2023 — assets moved or withdrawn before that date are not covered
- In-kind cryptocurrency payouts are limited to supported coins: AVAX, SOL, BTC, USDC, DOGE, XLM, ETH, XRP, and SHIB
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
Verify it yourself
How we verified this record
- Court case
- Payment status
- 6 fields queued for re-check
3 official sources linked to this record.
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Payment status
Payments started
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Court
Supreme Court of the State of New York, County of New York
Show all 1 more verified field
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Court case number
450703/2023
Where to act
File directly with Simpluris via the official claim form before February 28, 2029.
You'll need the Claim ID from your notice
The official claim form asks for the Claim ID (or Notice ID) the settlement mailed or emailed to the people it identified. Didn't get one? Here's how to get it:
- Check your email (including spam) and any mail from around when the settlement was announced — the Claim ID is usually printed right on the notice.
- Still can't find it? Contact the settlement administrator (Simpluris), tell them you believe you're a class member (for example, a customer or patient in the covered period), and ask them to look you up and send your Claim ID.
Administrator: (866) 675-2640 · info@KuCoinNYAGConsentOrder.com
