SEC Sues Kraken crypto exchange
The United States SEC is suing the Kraken Crypto exchange, charging the platform with operating as an unregistered securities exchange, broker, dealer, and…
Source: biztoc.com
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The United States SEC is suing the Kraken Crypto exchange, charging the platform with operating as an unregistered securities exchange, broker, dealer, and…
SEC announced Kraken had settled charges violated securities laws by failing to register offer and sale of crypto asset staking-as-a-service program. To settle charges rather than fight Kraken agreed to pay $30 million in fines and discontinue offering its staking service.
Kraken, a cryptocurrency exchange, announced a cultural overhaul at the company, including a 'diversity of thought' initiative.