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Kraken Staking Program Penalized by SEC

Published: February 16, 2023

The SEC charged Kraken with offering and selling Kraken’s Staking Program as an unregistered security. Kraken, more formally known as Payward Venture and Payward Trading. Kraken has agreed to pay to cease selling securities through this service and pay $30 million.

Source: natlawreview.com

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United StatesExchange CommissionKraken Staking ProgramPayward Ventures IncPayward Trading LtdWj Howey CoStaking ProgramPayward VenturesRewards ProgramEcurities Exchange And CommissionTaking Asa ServiceCrypto AssetSecurities LawTaking ProgramsCrypto Trading Platforms