The Securities and Exchange Commission (SEC), which is the federal regulator, sued Kraken on Sunday evening. It accused one of the largest cryptocurrency exchanges in the world of operating illegally as a securities market without first registering. “We allege Kraken made a decision to make hundreds of millions of dollar from investors instead of complying with…
On Monday night, Kraken was sued by the Securities and Exchange Commission ( SEC ), which charged that one of the largest cryptocurrency exchanges in the world was operating illegally as a securities exchange without first registering with the regulator. We assert that Kraken chose to profit from investors ‘ hundreds of millions of dollars more than comply with… On Monday night, Kraken was sued by the Securities and Exchange Commission ( SEC ), which claimed that one of the biggest cryptocurrency exchanges in the world was engaging in illegal securities trading without first registering with the regulator. We claim that Kraken made the business decision to avoid compliance with… in favor of receiving hundreds of millions of dollars from investors.
The Securities and Exchange Commission (SEC), which is the federal regulator, sued Kraken on Sunday evening. It accused one of the largest cryptocurrency exchanges in the world of operating illegally as a securities market without first registering. “We allege Kraken made a decision to make hundreds of millions of dollar from investors instead of complying with…
