If you’ve heard rumors that Kuna is shutting down, you’re not alone. But the answer depends on which Kuna you’re talking about. There’s the Kuna cryptocurrency exchange, and then there’s Kuna Systems, the home security camera brand. Their business stories over the past year have taken some sharp turns, so let’s break down what’s actually going on with each one.
Where Kuna Stands Today: Cryptocurrency Vs. Security Cameras
Both are pretty well-known in their own circles. The crypto exchange has been a staple for digital currency trading, especially in Eastern Europe. The security camera company made its name with smart, outdoor lighting equipped with always-on video.
But as we step into 2025, these two “Kunas” are facing two very different scenarios. And if you’re a customer, you’ll want to pay close attention.
Kuna Cryptocurrency Exchange: Officially Closing Its Doors
Let’s talk about Kuna crypto first. In short: Yes, this business is shutting down for good.
Founder Mykhailo Chobanyan took to social media and news sites in January 2025 to confirm what many already suspected. Kuna, the Ukrainian cryptocurrency exchange, is ceasing all operations worldwide. After almost a decade in the industry, their trading platform has gone offline.
If you used the exchange at any point, you might’ve seen the notice. There’s a final window for users to withdraw what’s left of their balances before the platform goes quiet entirely. For a lot of crypto traders and Ukrainian investors, this closure feels like the end of an era.
Why Is Kuna Crypto Shutting Down?
The short version? Legal and regulatory pressure finally caught up with them.
In 2024, the Ukrainian government moved in with investigations, especially around serious tax evasion allegations. Authorities looked closely at how the exchange was running its business, the taxes it was (or wasn’t) paying, and its obligations to regulators in the country.
Then, things escalated. Authorities went as far as blocking Kuna’s domain in Ukraine. That basically made access impossible for local users, which cut off a ton of their trading volume. Public statements from the founder pointed again and again to these government actions. Chobanyan said it forced their hand and made it impossible to continue running a legal exchange.
Without any real workaround, Kuna decided to pull the plug instead of running a shadow version of the platform.
What Does This Mean for Users?
If you have funds stuck on Kuna, you need to act fast. The company has set a withdrawal deadline for users to claim whatever funds are left in their accounts. After that deadline, everything will be locked down. Whether you’re withdrawing crypto or fiat, that last login is your only shot.
A number of users online have started talking about trouble reaching the platform or getting proper support. That’s pretty normal when an exchange winds down—but you might want to screenshot all your withdrawal steps and keep email records, just to be safe.
It’s tough news for anyone who relied on the exchange for regular transactions or held a chunk of their portfolio with Kuna. With one less reputable exchange in Ukraine, people are looking elsewhere.
Kuna Security Cameras: Still in Business, But Facing Tough Problems
Now let’s shift to Kuna Security Cameras—the company known for their smart camera lights you screw into your front porch.
The big difference? They’re not officially out of business. As of 2025, their website is up, and you can still order devices or renew subscriptions. But that doesn’t mean things are running smoothly.
No Shutdown, But Customers Aren’t Happy
Over the last two years, the company has been under a lot of pressure. Users have posted on consumer sites and Reddit about problems with their cameras—especially after new software updates. Some say their devices have been “bricked,” meaning the hardware stops working and can’t connect to the cloud anymore.
There aren’t any court cases proving this was done intentionally, but allegations are out there. Customers feel frustrated: expensive products suddenly don’t work, and the company’s responses have been slow or confusing.
You’ll even find stories from users who say their Kuna cameras worked for years—until one random morning when the app stopped loading video or couldn’t reach the server. These issues leave homeowners worried and, honestly, annoyed.
Trying to Adapt and Stay Afloat
Kuna hasn’t just been sitting around. They’ve tried adapting, including quietly rebranding some of their security cameras and updating their subscription models. The company keeps promoting its newer devices and software plans on the website. There’s been no mention of financial collapse or bankruptcy in official statements.
At the same time, the customer experience hasn’t really improved. Reviews on product forums and retail sites are mixed at best. People still complain about device failures and the challenge of getting quick, straightforward help from tech support.
Some users mention being persuaded to “upgrade” to newer hardware or switch plans, but with little assurance their original investment will still work. For a lot of folks, that’s not especially reassuring.
Customer Stories: Complaints, “Bricked” Devices, and Mixed Signals
If you pop into a message board or Facebook group for Kuna Security, you’re going to hear a lot of frustration. The common thread? Support tickets that go unanswered, or solutions that don’t actually solve the problem.
One retired homeowner in Texas shared, “My Kuna porch light worked perfectly for years. One day it lost connection—no video, no alerts, just some vague error.” He tried resetting everything, reinstalling the app, and emailing support. “They just kept telling me to restart my router.”
There’s also the question of “bricking.” This is when a software update or change to Kuna’s servers renders old hardware totally inoperable. Some customers accuse the company of doing this on purpose to force upgrades. There’s no official confirmation of that, but enough reports have piled up that it’s impossible to ignore.
People who paid for several years of subscription service—sometimes a hundred dollars or more—are left in limbo as their cameras stop working. It’s a double hit, because even if the hardware is fine, without a functioning server connection, these smart cameras become regular old light fixtures.
On top of that, the company’s support team seems overwhelmed. Many users say they never receive replies, or only get auto-generated troubleshooting tips. For anyone relying on these devices for home safety, it’s not a great feeling.
Is Kuna Security Cameras Hiding Financial Trouble?
If you poke around company filings, there’s no public bankruptcy listed as of this year. Sales pages are live, and devices are still available on Amazon and their main site. But the nearly nonstop flood of complaints suggests the business is under heavy strain.
It looks a lot like a company trying to ride out tough times by sticking with what they know and rebranding wherever possible. If you visit aggregator business watchdogs or look up their Better Business Bureau profile, the patterns are clear: equipment headaches, unresponsive support, and customers wondering if the company will last the year.
For now, no formal shutdown has been announced. But if you’re shopping for smart home gear, the current issues are something you should think about before buying.
Key Takeaways: What’s Next If You’re a Customer?
Here’s the quick summary for both Kunas:
– The Kuna cryptocurrency exchange is gone for good. If you have money with them, move fast to withdraw.
– Kuna Security Cameras is still operating. But customers are reporting major problems with service and hardware, and there’s growing doubt about future support.
If you’re weighing a new purchase or worried about your existing Kuna device, you probably want a backup plan. Other brands in the smart security market may not be perfect either, but strong customer support matters—especially with connected gadgets.
For folks with money left on the crypto exchange, make withdrawals the top priority before accounts get frozen. Ask questions, save correspondence, and watch out for final platform updates.
If you want to keep up with changing trends and business news in digital security or cryptocurrency, sites like serabusiness.com are worth a bookmark.
In the meantime, stay alert for updates from both Kunas. One is shutting down after a government crackdown, while the other is struggling to keep devices running and users happy. We’ll keep reporting the facts as this story unfolds—because, in business, things can change fast, even when companies look stable on the surface.