Kraken Co-Founder Slams SEC’s ‘Assault on America’

The U.S. Securities and Exchange Commission (SEC) sued the cryptocurrency exchange Kraken, alleging violation of the federal securities law. In response to the allegations, Kraken Co-Founder Jesse Powell condemned the SEC, characterizing their actions as another “assault on America.” On November 20, the SEC charged Kraken for allegedly operating the crypto platform as “an unregistered...