bitcoin

SEC Complaint Against Kraken

Here's the SEC's press release:

https://www.sec.gov/news/press-release/2023-25

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And here's the Tweet that kicked off the Twitter thread from the SEC announcing this:

> Today we charged Kraken with failing to register the offer and sale of their crypto asset staking-as-a-service program, whereby investors transfer crypto assets to Kraken for staking in exchange for advertised annual investment returns of as much as 21 percent.
>
> https://www.sec.gov/news/press-release/2023-25

https://twitter.com/SECGov/status/1623777921499336710 [[Nitter](https://nitter.at/SECGov/status/1623777921499336710)]