🚨 Crypto News Flash: California Judge Blocks Kraken's Appeal 🚨

- A California judge has denied Kraken's request for an interlocutory appeal in its ongoing case with the SEC. This decision aims to avoid delaying the case's resolution.

- Kraken, the second-largest U.S. crypto exchange, sought to challenge a ruling that suggested the cryptocurrencies on its platform might be securities under the Howey Test.

- The judge emphasized that a full discovery process is necessary to determine if Kraken's activities meet the Howey criteria.

💬 What are your thoughts on this legal battle? Share in the comments!