Kraken Faces Setback in its Case Against SEC as Court Dismisses Key Defense

The legal battle between the US Securities and Exchange Commission (SEC) and crypto exchange Kraken took a major turn on January 24, 2025.  In a setback for Kraken, a California federal judge has ruled partly in favor of the SEC. Kraken’s ‘Major Questions’ Defense Rejected in SEC Lawsuit The judge allowed Kraken’s “fair notice” and “due process” defenses to proceed but dismissed its “major... source: https://beincrypto.com/kraken-faces-setback-in-its-case-against-sec-as-court-dismisses-key-defense/