Exchange denies SEC's claims of unregistered securities
Kraken, a centralized cryptocurrency exchange, has firmly denied allegations by the United States Securities and Exchange Commission (SEC) that it violated federal securities laws. The SEC claims that multiple digital assets offered by Kraken qualify as unregistered securities.
The Texan court ruled that the crypto influencer did in fact offer and sell unregistered securities
The US court ruled that cryptocurrencies traded on crypto exchanges like Coinbase are not securities