“Similarly, Kraken has held at times more than $5 billion worth of its customers’ cash, and it also commingles some of its customers’ cash with some of its own,” the suit said. “In fact, Kraken has at times paid operational expenses directly from bank accounts that hold customer cash.”
Related posts
-
Another U.S. SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
Commissioner Jaime Lizárraga is leaving January 17, he said in a Friday statement, which could give... -
$99K Bitcoin Reacts To Gensler’s SEC Departure Announcement
Este artículo también está disponible en español. Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a... -
XRP, Cardano (ADA), Solana (SOL) Outperform Bitcoin (BTC) Price as SEC Chair Gary Gensler Sets Exit Date
Bitcoin is inching closer to the $100,000 mark, though its momentum has slowed. It clinched another...