Lеgal

US SEC sues Kraken for operating crypto trading platform without registering

Nov 20 (Reuters) – The U.S. Securities and Exchange Commission sued Kraken on Monday, accusing it of illegally operating a trading platform for cryptocurrency assets without first registering with the regulator.

In a complaint against Payward Inc and Payward Ventures Inc, which together operate as Kraken, the SEC said Kraken has taken in billions of dollars in fees and trading revenue without recognizing securities laws designed to protect investors.

Source

Click to rate this post!
[Total: 0 Average: 0]
Show More

Leave a Reply

Your email address will not be published. Required fields are marked *