SEC Charges Kraken With Illegal Operations, Accuses of Mixing Customer and Own Funds
SEC Charges Kraken for Operating as an Unregistered Securities Exchange, Broker, Dealer, and Clearing Agency On 20 November 2023, the U.S. Securities and Exchange Commission (SEC) announced that it had formally charged Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating their cryptocurrency trading platform without proper registration. The SEC’s complaint, filed…