The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.”
The United States Securities and Exchange Commission maintains regulatory pressure on the cryptocurrency exchange Kraken in ongoing legal action.
On Nov. 5, the SEC filed a motion to dismiss three of the Kraken’s defenses to the commission’s allegations that the crypto exchange has been operating without registration.
An excerpt from the SEC’s motion to dismiss Kraken’s defense on Nov. 5. Source: CourtListener
