SEC Moves To Ax Key Defenses In Kraken Crypto Fraud Row <https://www.law360.com/fintech/articles/2257670?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-07&read_main=1&nlsidx=0&nlaidx=3> By Sydney Price The U.S. Securities and Exchange Commission has urged a California federal court to ax three of crypto exchange Kraken's defenses in a case alleging it violated securities laws by offering crypto assets without proper registration, arguing that the court has already rejected Kraken's claims that the agency lacks authority to bring the case and that existing law is too vague. Motion attached | Read full article » <https://www.law360.com/fintech/articles/2257670?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-07&read_more=1&nlsidx=0&nlaidx=3> | Save to favorites » <https://www.law360.com/fintech/articles/2257670?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-07&read_later=1&nlsidx=0&nlaidx=3>