🗞 Kraken challenges SEC's authority, demands jury trial in cryptoasset dispute

Kraken has requested a jury trial in response to the U.S. SEC's lawsuit, according to a court filing on September 12. This move follows a federal judge's rejection of Kraken's motion to dismiss the case, which centers on allegations that the platform operated an unregistered securities exchange. In its filing, Kraken denied any illegal activity and criticized the SEC's approach to the cryptocurrency industry.

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