🚀 Breaking news from the court: California judge dismisses Kraken's appeal request in the lawsuit with the SEC. Kraken is accused of violating securities laws while trading crypto. 🤔

- Judge Orrick stated that the SEC presented reasonable arguments regarding Kraken's violations under the Howey standard.

- Kraken wanted to appeal, arguing that there is a "difference of opinion" regarding securities laws, but was denied.

- The SEC requests the court to dismiss 3 defenses from Kraken, asserting that current laws are clear enough.

What do you think about this lawsuit? Comment below! ⬇️