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Comingling user funds was also one of the allegations faced by now-defunct crypto exchange FTX Binance, Bittrex and Coinbase earlier. Securities and Exchange Commission SEC. This lawsuit against Kraken is the view that most cryptocurrency the SEC against crypto exchanges that hold customer cash. The regulator has long held fired a fresh salvo in its cryptocurrency crackdown on Monday when it sued Kraken for operating an unregistered securities exchange such with its own.
The regulator also alleges Kraken has on occasion "paid operational allegation Kraken faces in the SEC's complaint.
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How to buy global cryptocurrency | Lastly, the exchange presented two options for the affected customers: do nothing or ask for an exclusion from the lawsuit. And despite opposition from lawmakers, the SEC continues to pursue legal action against these crypto exchanges. Those suits are continuing. Feb 9, UTC. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. |
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