Kraken's Allegations of SEC Retaliation in Lawsuit Dismissal

Friday, 23 February 2024, 00:58

Kraken, the U.S.-based crypto firm, has moved to dismiss the SEC lawsuit, claiming retaliation from what they call a 'politically compromised agency'. Despite settling the first enforcement action, Kraken faces ongoing legal challenges with the SEC, raising questions about regulatory practices and industry dynamics.

https://store.livarava.com/ccc83650-d1f9-11ee-b891-5254a2021b2b.jpe — Kraken's Allegations of SEC Retaliation in Lawsuit Dismissal

Kraken Responds to SEC Lawsuit

The U.S.-based company was sued by the SEC twice in 2023, although it settled the first enforcement action.

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