SEC VS KRAKEN: WHO’S REALLY GOT RECEIPTS?
So Gensler must have woke up on the wrong side of the bed: the SEC just dropped a move to nuke Kraken’s defenses—claiming they warned ‘em enough.
Kraken calls BS, saying the SEC’s just trying to dodge tough questions about its sketchy enforcement tactics.
Funny timing too, right during the election heat—a lot like Ripple, where the SEC flopped hard on a similar motion.
Kraken’s legal squad thinks this is just more shady maneuvers from the watchdogs who keep fumbling their own playbook.
Drama’s heating up!
Source: CCN