SEC sues Kraken over unregistered exchange operations, commingling of funds
The U.S. Securities and Exchange Commission (SEC) said on Nov. 20 that it has filed charges against the cryptocurrency exchange Kraken. The regulator accused Kraken of operating an unregistered securities exchange, broker, dealer, and clearing agency. It alleged that Kraken has brought in hundreds of millions of dollars of revenue since 2018 by illegally facilitating...