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Centralized cryptocurrency trading platform Kraken has again refuted the US Securities and Exchange Commission’s (SEC) allegations that the exchange sold digital assets that qualify as unregistered securities.
Kraken vs.
The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations.
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The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities.
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The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.
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The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine.
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