coinpedia 2024-11-19 07:42:08

Kraken Faces Legal Setback: Judge Denies Appeal in SEC Lawsuit

The post Kraken Faces Legal Setback: Judge Denies Appeal in SEC Lawsuit appeared first on Coinpedia Fintech News In a significant setback for Kraken, a California District Court judge has denied the exchange’s attempt to appeal a previous decision allowing the SEC’s lawsuit to proceed. Judge William Orrick ruled on Nov. 18 that Kraken’s motion for interlocutory appeal would only delay litigation without advancing its resolution. The SEC alleges that Kraken sold unregistered …

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