Nov 20 (Reuters) – The U.S. Securities and Alternate Fee sued Kraken on Monday, accusing it of illegally operating a trading platform for cryptocurrency belongings without first registering with the regulator.
In a grievance towards Payward Inc and Payward Ventures Inc, which collectively function as Kraken, the SEC mentioned Kraken has taken in billions of {dollars} in charges and trading income without recognizing securities legal guidelines designed to guard traders.
(Reporting by Jonathan Stempel in New York Enhancing by Chris Reese)
US SEC sues Kraken for operating crypto trading platform without registering finance.yahoo.com 2023-11-21 00:49:44
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