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SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules

Kraken’s ill-fated motion to dismiss, filed in February, argued that the SEC had failed to state a claim – essentially, that the facts in the case, even if true, did not constitute a violation of the law – arguing that cryptocurrencies do not meet the definition of a security as defined by the Howey Test.

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https://www.coindesk.com/policy/2024/08/26/secs-case-against-kraken-will-proceed-to-trial-california-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-08-26 18:46:22

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