US Court Denies Krakens Motion to Dismiss SEC Crypto Securities Lawsuit
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The U.S. District Court for the Northern District of California has denied Krakens motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC has plausibly alleged that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed. Krakens []
Text source: BuyUcoin Blog
