SEC Files Charges Against Crypto Exchange Kraken—Again

The United States Securities and Exchange Commission (SEC) announced Monday that it has filed charges against cryptocurrency exchange Kraken, just months after settling previous charges against the firm.

In a press release, the SEC alleged that Kraken’s parent companies were “operating Kraken’s crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing agency.” The agency filed similar charges against rival exchange Coinbase earlier this year.

In the complaint, the SEC alleged that the following cryptocurrencies are securities: ADA, ALGO, ATOM, FIL, FLOW, ICP, MANA, MATIC, NEAR, OMG, and SOL.

This story is developing and will be updated with additional information.

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Source: https://decrypt.co/206775/sec-files-charges-against-crypto-exchange-kraken-again