SEC Says Crypto Firm Kraken Can't 'Subvert' Securities Test

[Gunnar Larson]

SEC Says Crypto Firm Kraken Can't 'Subvert' Securities Test
<https://www.law360.com/capitalmarkets/articles/1823923?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-11&read_main=1&nlsidx=0&nlaidx=0>

By Aislinn Keely

The U.S. Securities and Exchange Commission has told a California federal
judge that crypto exchange Kraken is asking the court to adopt a
"perversion" of the long-standing U.S. Supreme Court precedent for what
constitutes an investment contract.

 Response attached | Read full article »
<https://www.law360.com/capitalmarkets/articles/1823923?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-11&read_more=1&nlsidx=0&nlaidx=0>
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