HomeLitecoinSEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules

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Kraken’s ill-fated motion to dismiss, filed in February, argued that the SEC had failed to state a claim – essentially, that the facts in the case, even if true, did not constitute a violation of the law – arguing that cryptocurrencies do not meet the definition of a security as defined by the Howey Test.



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