Kraken cryptocurrency exchange has been directed by US District Judge William H. Orrick to respond to the securities law violations complaints made by the SEC.
Read MoreKraken cryptocurrency exchange has been directed by US District Judge William H. Orrick to respond to the securities law violations complaints made by the SEC.
Read MoreCoinbase utilized ongoing political developments in the U.S. Congress to strengthen its interlocutory appeal against the SEC. In a court filing dated May 24, Coinbase contended that the SEC attempted to "bypass" the Howey test, a legal standard used to identify securities. The crypto sector and the SEC have long disputed the application of this test to digital assets.
Read MorePaul Grewal, chief legal officer of Coinbase, announced today in an X post that the company has filed a move to appeal a judge's ruling from last month that permitted the SEC to pursue its action against them.
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