Odaily Planet Daily News Kraken recently responded to the US SEC's allegations that it violated federal securities laws. In a legal document filed on September 12, Kraken stated that the assets cited by the SEC did not meet the legal definition of securities. It stated in the document that the platform did not violate "Sections 5, 15 (a) and 17A of the Securities Exchange Act of 1934" because the relevant assets "are not securities or investment contracts." The assets mentioned in the SEC's allegations include SOL, ADA, ALGO, ATOM, FIL, MATIC and 5 other cryptocurrencies. (Cointelegraph)