The SEC sued Kraken in the Northern District of California last November asking the court to permanently enjoin the exchange from further securities violations, seeking disgorgement of its “ill-gotten gains” and other civil penalties. The regulator listed ADA, ALGO, ATOM, FIL, FLOW, ICP, MANA, MATIC, NEAR, OMG, and the SOL tokens as the 11 unregistered securities.
Related posts
-
Bitcoin (BTC) Bargain Hunters Active on Kraken and Coinbase, CCData Show
“The average buy-sell ratio suggests stronger buying pressure on Kraken and Coinbase, with ratios of 250%... -
UK presents bill to recognize crypto as personal property
U.K. authorities plan to clarify how to classify cryptocurrencies under a new bill. According to an... -
Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation
The Australian Federal Court ruled that Kraken’s fiat margin...