# Crypto exchange Kraken requests a jury trial! 🧑⚖️
On Thursday, Kraken requested a jury trial in the case it filed with the U.S. SEC. Previously, a California judge ruled that the case would go to trial. The SEC has previously filed similar lawsuits against Binance and Coinbase, alleging violations of federal securities laws.
Last November, the SEC sued Kraken in the Northern District of California, alleging that it was not registered as a broker, clearing house or exchange, and listed 11 unregistered securities such as ADA. Kraken strongly denied illegal behavior and put forward 18 defenses.
What do you think of Kraken's response? See you in the comments!