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Reading Time: 2 minutes The US District Court has denied Kraken’s request to dismiss the SEC’s lawsuit, allowing the case to proceed The SEC has alleged that Kraken operated as an unregistered securities exchange, broker, dealer, and clearing agency for crypto asset transactions This ruling follows closely after Kraken’s Australian branch was found to have violated regulatory rules…
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Kraken Fails with SEC Lawsuit Dismissal
Reading Time: 2 minutes The US District Court has denied Kraken’s request to dismiss the SEC’s lawsuit, allowing the case to proceed The SEC has alleged that Kraken operated as an unregistered securities exchange, broker, dealer, and clearing agency for crypto asset transactions This ruling follows closely after Kraken’s Australian branch was found to have