State AGs Say SEC's Kraken Case Treads On State Authority

[Gunnar Larson]

State AGs Say SEC's Kraken Case Treads On State Authority
<https://www.law360.com/fintech/articles/1808754?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-03-04&read_main=1&nlsidx=0&nlaidx=2>

By Aislinn Keely

Attorneys general from eight states have told a California federal judge
that the theory used by the U.S. Securities and Exchange Commission in its
enforcement case against crypto exchange Kraken could potentially preempt
state laws for consumer protection.

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