SEC agrees to drop case against crypto exchange Kraken, firm says

Description

The SEC had sued Kraken in November 2023 for alleged securities law violations, with the agency claiming Kraken operated as an unregistered online trading platform.

Publish date

Mar 3, 2025 - 10:35am

Publisher

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Web URL

https://www.theblock.co/post/344260/sec-agrees-to-drop-case-against-crypto-exchange-kraken-firm-says

Referenced by

SEC agrees to drop case against Kraken

Faridah

The SEC had also agreed to drop its litigation against Coinbase on February 21, 2025, officially dismissing the case a week later

Faridah

The SEC’s decision to dismiss its lawsuit against us (and many others) is more than just a legal victory — it’s a turning point for the future of crypto in the U.S," the firm said in a statement. "It ends a wasteful, politically motivated campaign, lifts uncertainty that stifled innovation and investment, and clears the path toward a stable, forward-thinking regulatory regime.

Faridah