SEC lawsuit against Kraken for unregistered securities exchange not dismissed by court

From Cointelegraph | August 23, 2024 4:11:30 pm:

The SEC has accused Kraken of running an unregistered securities exchange, signaling potential legal trouble for the cryptocurrency platform. This news comes as regulatory scrutiny in the crypto industry continues to increase, with authorities cracking down on violations. Kraken, a well-known player in the crypto space, now faces allegations from the SEC that could have serious consequences for its operations.

Read more at Cointelegraph: Court denies Kraken’s motion to dismiss SEC lawsuit