FinanceMagnates
Kraken, which is facing several allegations brought by the Securities and Exchange Commission (SEC), is now seeking a jury trial in the lawsuit against it, according to a court filing on Thursday. The exchange also argued that the existing legal frameworks do not cover cryptocurrencies, thus they cannot be termed securities.A Legal Pushback from KrakenFirst reported by Coindesk…
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Kraken Argues Cryptos Are Not “Illegal Securities”: Seeks Jury Trial against SEC Lawsuit
Kraken, which is facing several allegations brought by the Securities and Exchange Commission (SEC), is now seeking a jury trial in the lawsuit against it, according to a court filing on Thursday. The exchange also argued that the existing legal frameworks do not cover cryptocurrencies, thus they cannot be termed securities.A Legal Pushback from KrakenFirst