April 10, 2024
The U.S. Securities and Exchange Commission has told a California federal judge that crypto exchange Kraken is asking the court to adopt a "perversion" of the long-standing U.S. Supreme Court precedent for what constitutes an investment contract.
March 01, 2024
Attorneys general from eight states have told a California federal judge that the theory used by the U.S. Securities and Exchange Commission in its enforcement case against crypto exchange Kraken could potentially preempt state laws for consumer protection.
February 29, 2024
Sen. Cynthia Lummis, R-Wyo., crypto industry groups and veteran appellate attorney Paul Clement have told a California federal judge in a series of amici briefs that the U.S. Securities and Exchange Commission's suit against crypto exchange Kraken expands the definition of investment contract beyond what Congress intended and overreaches its authority to issues lawmakers intend to address.
February 23, 2024
Crypto exchange Kraken on Friday urged a California federal judge to permanently toss claims it failed to register its platform with the U.S. Securities and Exchange Commission since the regulator has not shown that the tokens on its platform are investment contracts.
January 01, 2024
The coming year will see the U.S. Securities and Exchange Commission battle with crypto exchanges over how securities laws apply to digital assets, while federal prosecutors will be focused on holding crypto firms and executives responsible for vast compliance failures that happened under their watch.
November 20, 2023
The U.S. Securities and Exchange Commission sued cryptocurrency exchange Kraken on Monday in California federal court, alleging it operated as an unregistered securities exchange in violation of federal laws while taking in "billions of dollars" in fees and trading revenue.