Cointelegraph: Swiss Investor Says KuCoin Has Yet to Pay $2M Court Award Over Delisted Tokens

A Swiss investor claims KuCoin has not paid a Seychelles Supreme Court award of over $2 million tied to 21 million delisted CHP tokens. The court ruled in December 2025 that KuCoin could not treat unwithdrawn tokens as “abandoned” and ordered the exchange’s Seychelles entities to compensate the investor. KuCoin reportedly did not appear in court and has not responded to the allegations.

via x.com/WuBlockchain

KuCoin didn't even show up to the court date, which tells you everything about how they planned to handle this from the start. A Seychelles Supreme Court rules you can't just pocket a guy's delisted tokens and call them "abandoned," and the response is apparently to keep ignoring it and hope he gets tired. the audacity of running an exchange where YOUR decision to delist becomes the customer's problem is so normalized at this point that it took a full lawsuit and a court order just to establish that no, actually, that's theft.

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