The US Securities and Exchange Commission (SEC) will again cost costs in another high-profile crypto examination.
According to Kraken, the second largest American crypto exchange per volume, the SEC has in principle agreed to reject its lawsuit against the stock market.
Kraken says that the SEC drops the lawsuit “with prejudices, without recognition of misconduct, no fines paid and no changes to our company.”
According to Kraken, the investigation of the SEC politically motivated and merit was.
Said cracking of the SEC last year,
“The SEC is moving the wrong direction. The theories in disputes are incoherent. We continue to work to do what we think is good for our community of customers and innovators. Our mission – accelerating the approval of cryptocurrency so that everyone can achieve financial freedom and inclusion – remains central to everything we do. “
The exchange now says that it is looking forward to looking at the clarity of the new regime.
The announcement is the last in a series of changes in the Crypto control policy of the SEC. In addition to the consolidation and creation of a new crypto-task force, the Cyber and Emerging Technologies Unit (CETU), the SEC also dropped various other major studies in February last week, including questions about Coinbase, Robinhood, OpenSea and Metamask.
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