Browsing tag
German Government transferred 250 Bitcoin worth approx. $15.4M to Kraken and Bitstamp on June 26. The government has transferred a total of $150M in BTC to various addresses. The German Government BTC transfers and Mt. Gox repayments pile pressure on Bitcoin price. The German Federal Criminal Police Office (BKA) has made additional Bitcoin transfers to […]
The report, which cites documents from the Securities and Exchange Commission (SEC) of Nigeria, follows headlines from February that Nigeria’s government had blocked local access to several crypto platforms, including Binance, Kraken and Coinbase. Coinbase said at the time that it remained accessible and did not immediately respond to a CoinDesk request for comment on […]
State law enforcement officials from Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota and Texas filed a joint amicus brief – or friend of the court filing – in the SEC’s suit against Kraken on Thursday, alongside a number of industry lobbyists and other participants. Source link
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders. Source link
The Coinbase case is in the Southern District of New York, Binance.US is in the District of Washington and Kraken is in the Northern District of California. Another company, going by the name Legit.Exchange, just filed suit against the SEC in the Northern District of Texas. The chances of four different district judges in four […]
“The SEC does not allege fraud. The SEC does not allege consumer harm. The SEC’s sole claims are that Kraken has somehow operated in plain sight for almost a decade as an unregistered securities exchange, broker-dealer, and clearing agency, in violation of the Exchange Act,” the motion said. Source link