US Court Denies Kraken’s Motion to Dismiss SEC Crypto Securities Lawsuit

The U.S. District Court for the Northern District of California has denied Kraken’s question to disregard a suit by the U.S. Securities and Exchange Commission (SEC). The tribunal determined that the SEC “has plausibly alleged” that definite crypto tokens traded connected the Kraken speech could beryllium considered securities, thereby allowing the lawsuit to proceed. Kraken’s […]