Coin

<ul class="news-points">
 <li><strong>The SEC alleges Kraken for violating the federal securities law, facilitating illegal trade of securities.</strong></li>
 <li><strong>Kraken CEO Dave Ripley strongly disagreed with the allegations, defending that Kraken does not list securities.</strong></li>
 <li><strong>The crypto exchange co-founder Jesse Powell criticized the SEC, addressing them as masochists.</strong></li>
</ul>
<p>The U.S. <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a> sued the cryptocurrency exchange Kraken, alleging violation of the federal securities law. In response to the allegations, Kraken Co-Founder Jesse Powell condemned the SEC, characterizing their actions as another “assault on America.”</p>
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   <p lang="en" dir="ltr">USA's top decel is back with another assault on America. The masochists haven't been happy with the beatings they've been taking in NY and are shopping for a different flavor of RegDom in CA. I thought we settled all their concerns for $30m in Feb. Now they're back for seconds? <a href="https://t.co/SkfPJyneUz" target="_blank" rel="noopener noreferrer nofollow">https://t.co/SkfPJyneUz</a></p>— Jesse Powell (@jespow) <a href="https://twitter.com/jespow/status/1726791124650713134?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 21, 2023</a>
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<p>On November 20, the <a href="https://www.sec.gov/news/press-release/2023-237" target="_blank" rel="noopener noreferrer nofollow">SEC charged Kraken</a> for allegedly operating the crypto platform as “an unregistered securities exchange, broker, dealer, and clearing agency.” As per the accusations, the company had been facilitating …</p>
<p>The post <a href="https://coinedition.com/kraken-co-founder-slams-secs-assault-on-america/" rel="noopener noreferrer nofollow">Kraken Co-Founder Slams SEC’s ‘Assault on America’</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Kraken Co-Founder Slams SEC’s ‘Assault on America’

Coin Edition

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