Kraken Faces Setback as Judge Rejects Appeal Bid in SEC Case

Quick Summary:

California Judge William Orrick has denied Kraken’s request to appeal a prior decision that allowed the U.S.

SEC lawsuit against the crypto exchange to move forward.

In a November 18 ruling, Judge Orrick stated that certifying the appeal would not expedite the litigation and emphasized that the SEC had sufficiently alleged Kraken’s activities involved securities […]

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Article Details

Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets: India

Topics: Market SEC Market News News Kraken News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 10:00:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 129 words

Reading Time: 1 minutes read

Sentences: 45 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23694984

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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