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Kraken Unlikely To Escape SEC's Crypto Exchange Case

By Bonnie Eslinger (June 20, 2024, 8:55 PM EDT) -- A California federal judge said Thursday that he was not inclined to dismiss a U.S. Securities and Exchange Commission lawsuit claiming that cryptocurrency exchange Kraken illegally operated as an unregistered securities exchange, telling the company's lawyer, "You've got your work cut out for you" to change his mind....

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