Kraken Crypto Staking Program for U.S. Investors Shut Down in Aggressive Expansion of the Howey Test
Payward Ventures, Inc., d/b/a Kraken, the cryptocurrency exchange, has entered into a $30 million settlement agreement with the U.S. Securities and Exchange Commission (SEC) over allegations the company failed to register its cryptocurrency staking program, in violation of U.S. securities laws.
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