US SEC Sues Kraken for Operating Online Crypto Trading Platform Without Registering With The Agency - Court Filing

(Updated - November 20, 2023 5:43 PM EST)

US SEC Sues Kraken for Operating Online Crypto Trading Platform Without Registering With The Agency - Court Filing

• The agency is accusing Kraken of illegally operating a trading platform for cryptocurrency assets without first registering with the regulator.
• The complaint against Payward Inc and Payward Ventures Inc, operating as Kraken, alleges Kraken has taken in billions of dollars in fees and trading revenue without recognizing securities laws.

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