Kraken vows to ‘vigorously defend’ SEC lawsuit amid Congressional support

Crypto exchange Kraken would “vigorously defend” itself against the lawsuit brought by the U.S. Securities and Exchange Commission (SEC), according to a Nov. 20 statement. Similarly, CEO David Ripley and co-founder Jesse Powell strongly disputed the regulator’s claim, asserting that the exchange does not list securities. Kraken products unimpacted Kraken said the SEC lawsuit did...

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