KuCoin Faces $2M Judgement in Delisted Token Dispute

A Seychelles court ruling has put KuCoin in a precarious position after the exchange was ordered to pay over $2 million to a Swiss investor for delisted CHP tokens. The judgment, issued in December 2025, rejected KuCoin's claim that unwithdrawn delisted tokens became abandoned property.

The court instead treated the tokens as obligations owed to the investor and ordered compensation exceeding $2 million. However, six months after the ruling, the award reportedly remains unpaid, with the investor alleging that KuCoin has not complied with the judgment.

The dispute highlights concerns over exchange treatment of delisted assets and raises questions about the enforceability of local court decisions on global crypto platforms. The case also underscores the importance of clear terms of service in exchange agreements.