Kraken faces SEC crypto case over platform sales

By Bonnie Eslinger (August 23, 2024, 10:18 p.m. EDT) — A California federal judge on Friday rejected cryptocurrency exchange Kraken's attempt to dismiss an enforcement action brought by the U.S. Securities and Exchange Commission (SEC) because the regulator plausibly alleged that “at least some” of the digital currency transactions on Kraken's online platform constituted investment contracts….

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