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KuCoin Pleads Guilty in Crypto Case, Agrees to Pay $300 Million

(Bloomberg) -- The cryptocurrency exchange KuCoin pleaded guilty to operating an unlicensed money transmitting business and agreed to almost $300 million in fines and forfeitures, resolving a criminal case after settling similar civil claims in New York more than a year ago.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat Happened to Hanging Out on the Street?Budapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps

Dow Industrials’ Resilience in Rout Shows Promise of Cheap AI

(Bloomberg) -- The tech-led rout that gripped US equity markets on Monday left one corner of the market relatively unscathed: the Dow Jones Industrial Average.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Billionaire Developer Caruso Slams LA Leadership Over WildfiresBuoyed by rallies of at least 2.8