The staff of the U.S. Securities and Exchange Commission agreed in principle to drop its lawsuit against the crypto exchange Kraken. The agreement to dismiss the lawsuit comes without admission of wrongdoing, penalties paid or alterations to Kraken's business model, the company wrote in a Monday release.

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The staff of the U.S. Securities and Exchange Commission agreed in principle to drop its lawsuit against the crypto exchange Kraken. The agreement to dismiss the lawsuit comes without admission of wrongdoing, penalties paid or alterations to Kraken's business model, the company wrote in a Monday release.

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

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The staff of the U.S. Securities and Exchange Commission agreed in principle to drop its lawsuit against Kraken, with the dismissal coming without any admission of wrongdoing, penalties, or changes to Kraken’s business model​

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