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SEC to drop lawsuit against Kraken months after $1 million Trump inauguration donation

On Monday, crypto exchange Kraken announced that the U.S. Securities and Exchange Commission (SEC) had decided to drop its lawsuit against the company, just months after the crypto exchange donated $1 million to President Donald Trump's inaugural committee.

Kraken says US SEC to dismiss lawsuit against the cryptocurrency exchange

Kraken, one of the world's largest cryptocurrency exchanges, said on Monday the U.S. Securities and Exchange Commission agreed in principle to dismiss a civil lawsuit accusing it of operating illegally as an unregistered securities exchange.

SEC Plans to Drop Its Case Against Kraken, Firm Says

Kraken called the SEC’s decision to drop the case a “turning point for the future of crypto in the U.S.” in a Monday blog post

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SEC drops case against Kraken

This dismissal lifts that cloud of uncertainty. It reaffirms that businesses like Kraken, which prioritize compliance and ...

SEC Ends Legal Battle with Kraken, Paving the Way for Crypto Adoption

SEC drops lawsuit against Kraken, boosting crypto industry confidence and regulatory clarity, paving the way for crypto ...

As the SEC Continues Its Crypto Litigation Retreat, Here’s What’s Still Outstanding

The U.S. SEC is dropping cases and closing investigations against crypto companies left and right, but not everyone is off ...

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