Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Kraken responds: It disagrees with the SEC’s assertion and will continue to provide services to users
2023-11-21 00:35:09
Odaily News Regarding the lawsuit filed by the US SEC, Kraken posted on the X platform that Kraken does not agree with the SEC’s claims and plans to vigorously defend its position. The news of the charges has no impact on the products Kraken offers and will continue to serve customers without interruption. According to previous news, the U.S. SEC on Monday accused Kraken of mixing customer funds and the companys own funds while operating unregistered exchanges, brokerages, and clearing agencies.