The SEC sued Kraken in November 2023 for operating a platform as an unregistered securities exchange, broker, dealer and clearing agency. The SEC said it believes that since at least September 2018, Kraken had made hundreds of millions of dollars unlawfully by facilitating the buying and selling of crypto asset securities. Kraken filed for the case to be dismissed, a motion that was rejected in August.
Related posts
-
The Fed Is Set to Cut Rates, Boosting the Outlook for Crypto
In March 2022, the Fed started raising interest rates due to the economic distortions it saw.... -
Bitcoin Holds Below $75K Before Expected U.S. Rate Cut
Ether is over 7% higher in the last 24 hours, outperforming the broader digital asset market,... -
What The Crypto Market Can Expect
Este artículo también está disponible en español. As the Federal Open Market Committee (FOMC) meets today,...