The U.S. SEC has agreed in principle to dismiss its lawsuit against Kraken with prejudice. This means the case is permanently closed.
Importantly, Kraken made no admission of wrongdoing, paid no penalties, and will continue business as usual.
A Politically Motivated Battle Comes to an End
From the start, Kraken has operated with integrity, following clear principles of compliance and consumer protection. The SEC’s lawsuit misrepresented Kraken’s long-standing business model and was never about protecting investors. Instead, it was part of a misguided, politically driven campaign that cast a shadow over the U.S. crypto industry.
Rather than working toward clear and fair regulations, the previous SEC leadership chose a “regulation by enforcement” approach—one that put the U.S. at a disadvantage while other countries welcomed crypto innovation. This dismissal is more than a legal win for Kraken—it’s a signal that the tides are turning for crypto in America.
The @SECGov has agreed in principle to dismiss its lawsuit against @krakenfx with prejudice—no admission of wrongdoing, no penalties, no changes to our business.
The case is over. Fairness and justice won. We can now continue to focus on innovation and growth.
This is a huge…
— Arjun Sethi (@arjunsethi) March 3, 2025
A Brighter Future for Crypto in the U.S.
The SEC’s decision to back down clears the air, allowing Kraken and other responsible crypto businesses to move forward without unnecessary legal battles. This victory paves the way for a stable regulatory environment—one that encourages investment, fosters responsible growth, and ensures the U.S. remains a leader in the digital asset economy.
Crypto is not just another tech trend—it’s a tool for financial empowerment. Millions of Americans use Kraken to access digital assets and take control of their financial future. But when regulators go overboard, it’s everyday people who suffer.
The SEC has agreed in principle to dismiss its lawsuit against @krakenfx.
It’s a massive win for crypto, the United States of America, and the world. Since our inception, Kraken has operated with integrity and dedication to doing the right thing.
Regulation by enforcement has…
— Dave Ripley (@DavidLRipley) March 3, 2025
More About Kraken
Kraken has launched a referral program that rewards both you and your friends for joining the platform. When you refer someone, they get a welcome bonus, and you earn rewards when they sign up and start trading.
Big news! We’re launching our Referral Program – invite your friends, and you BOTH get rewarded!
Here’s how you can earn by sharing the future of crypto
pic.twitter.com/Y2dYlv72pN
— Kraken Exchange (@krakenfx) March 3, 2025
The process is simple—just share your referral link. Whether you’re new to crypto or a seasoned trader, there’s something for you. New users can earn a bonus on their first trade, while active traders can monetize their network and keep earning.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post SEC Agrees to Dismiss Lawsuit Against Kraken appeared first on Altcoin Buzz.
This articles is written by : Fady Askharoun Samy Askharoun
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