🚨 Legal drama alert! 🚨 A California judge has denied Kraken's bid for an interlocutory appeal in its ongoing showdown with the SEC. Kraken, the U.S.'s second-largest crypto exchange, wanted to challenge a decision that its crypto sales might be securities. Judge Orrick wasn't having it, stating that an appeal would just delay the case. He emphasized the need for a full discovery process to determine if Kraken's activities meet the Howey Test for securities. What do you think? Will this case set a precedent for other exchanges? Share your thoughts below! 👇 #CryptoNews #Kraken #SEC