SEC Wins Partial Victory as Judge Rejects Kraken’s Jurisdiction Defense

A California federal judge has ruled in favor of the U.S. Securities and Exchange Commission (SEC), dismissing a defense from Kraken, the popular crypto exchange, that Congress had not granted the regulator authority over cryptocurrency. In a ruling on January 24, Judge William Orrick dismissed Kraken’s “major questions doctrine defense,” one of three arguments the SEC sought to have removed... source: https://news.shib.io/2025/01/28/sec-wins-partial-victory-as-judge-rejects-krakens-jurisdiction-defense/?utm_source=rss&utm_medium=rss&utm_campaign=sec-wins-partial-victory-as-judge-rejects-krakens-jurisdiction-defense