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Finance

Crypto Exchange Kraken Facing SEC Probe, Settlement Could Come Soon: Bloomberg

The U.S. regulator is in the late stages of an investigation into the company's possible sale of unregistered securities, according to the report.

By Stephen Alpher
AccessTimeIconFeb 8, 2023 at 9:04 p.m. UTC
Updated May 9, 2023 at 4:07 a.m. UTC
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Kraken is under investigation by the U.S. Securities and Exchange Commission (SEC) as to whether rules were broken in certain offerings to U.S. investors, Bloomberg reported Wednesday.

The probe is at an advanced stage and a settlement could be announced in coming days, the report added.

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Stephen Alpher
Stephen Alpher

Stephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Follow @SteveAlpher on Twitter

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