The U.S. securities regulator sued Kraken alleging it violated a slew of Meanwhile, The U.S. Department of Justice is negotiating with Binance to resolve its investigation of the crypto exchange. Sam Altman and Greg Brockman will join Microsoft (NASDAQ:MSFT) after their outing from OpenAI.
SEC sues Kraken alleging slate of securities law violations
The Securities and Exchange Commission has sued Kraken, saying it commingled customer funds and failed to register as a securities exchange, broker, dealer and clearing agency.