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    Home»Bitcoin»US Court Denies Kraken’s Motion to Dismiss Crypto Securities Lawsuit Filed with SEC
    Bitcoin

    US Court Denies Kraken’s Motion to Dismiss Crypto Securities Lawsuit Filed with SEC

    msmarkBy msmarkAugust 25, 2024No Comments1 Min Read
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    The U.S. District Court for the Northern District of California has denied Kraken’s request to dismiss a lawsuit brought by the U.S. Securities and Exchange Commission. The court ruled that the SEC “reasonably alleged” that certain cryptocurrency tokens traded on Kraken’s exchange could be considered securities, allowing the case to move forward. […]

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