The U.S. Securities and Exchange Commission (SEC) has filed a complaint against Kraken, one of the major cryptocurrency exchanges. The SEC alleges that Kraken operates as an unregistered securities exchange, broker, and clearing house. This action comes in the wake of a similar situation involving Binance, which recently settled with U.S. authorities for $4.3 billion over anti-money laundering violations.
Kraken’s Response and Defense
Kraken has responded to the SEC’s…