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

By Aislinn Keely (April 10, 2024, 9:27 PM EDT) -- 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....

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