Kraken says court rejected SEC’s claim that tokens are securities

Judge William H. Orrick, a federal court judge in the U.S., recently shot down Kraken’s attempt to toss out the SEC’s claims. The SEC had been trying to argue that some of the crypto transactions on Kraken were investment contracts, which would make them securities.  And if they’re securities, they would fall under the SEC’s […] source: https://www.cryptopolitan.com/kraken-court-rejected-sec-claim-securities/