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Kraken Must Face SEC's Crypto Case Over Platform Sales

By Bonnie Eslinger (August 23, 2024, 10:18 PM EDT) -- A California federal judge on Friday denied a bid by cryptocurrency exchange Kraken to ditch a U.S. Securities and Exchange Commission enforcement suit, finding the regulator plausibly alleged that "at least some" of the digital currency transactions on Kraken's online platform constitute investment contracts....

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