It adds that the exchange exposed investors to significant risks by failing to register its services. The SEC’s complaint says Kraken has generated millions of dollars in revenue since 2018 by facilitating crypto asset securities trading without proper US licensing. 20 with operating an unregistered securities exchange and commingling customer fiat and crypto holdings with its own. I thought we settled all their concerns for $30m in Feb. The masochists haven't been happy with the beatings they've been taking in NY and are shopping for a different flavor of RegDom in CA. USA's top decel is back with another assault on America. “USA’s top decel is back with another assault on America,” Powell said in an X post, and urged crypto companies to exit the US because of the regulator’s crackdown on the industry. Kraken co-founder Jesse Powell has slammed a lawsuit filed against the crypto exchange by the US Securities and Exchange Commission (SEC), calling it an assault on America. Join Our Telegram channel to stay up to date on breaking news coverage
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