KuCoin $2M Seychelles Judgment Still Unpaid

A Seychelles court ruling from December 2025 ordered KuCoin to pay more than $2 million to a Swiss investor. Six months later, the exchange has not paid, the investor said.

The dispute involves 21 million CHP tokens that remained on the platform after delisting. The Seychelles Supreme Court rejected KuCoin's argument that unwithdrawn tokens automatically become abandoned property. Instead, the ruling treated the tokens as obligations owed to the investor. The compensation order exceeded $2 million.

KuCoin operates through Seychelles-based entities. The same jurisdiction issued the judgment. The investor said KuCoin has not responded to requests concerning the case and has not participated in related proceedings. Public records cited in reports show no payment of the award.

The case highlights the gap between a court order and actual recovery when a global exchange is involved. Seychelles courts have limited reach over assets held in other jurisdictions. The investor now faces the challenge of enforcing the judgment through additional legal steps.

The investor continues seeking recovery through available legal channels. KuCoin has not publicly addressed the allegations.