Kraken’s ‘major questions doctrine’ defense in the US SEC lawsuit crumbles

A California federal judge killed part of Kraken's three defenses in the exchange’s ongoing lawsuit against the U.S. SEC. Kraken has cited the ‘major questions doctrine’ that prohibited government agencies from exercising powers not specifically delegated by the U.S. Congress. source: https://www.cryptopolitan.com/krakens-u-s-sec-lawsuit-crumbles/