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Kraken says products remain unaffected amid SEC’s new ‘disastrous’ lawsuit
Cryptocurrency exchange Kraken says its operations are not impacted after the U.S. securities watchdog filed an “incorrect” and “disastrous” lawsuit against the firm on Monday. Kraken’s comments follow the filing of a lawsuit by the Securities and Exchange Commission against the firm's parent companies, Payward and Payward Ventures, for allegedly operating as an unregistered online trading platform. In its blog post, Kraken said that the lawsuit has no impact on its products and that it remains “fully committed to our U.S. and global clients and partners.” The suit follows similar actions against ... (full story)
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- Posted: Nov 20, 2023 10:37pm
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 268
