💨 Abstract

Kraken, a cryptocurrency exchange, announced on Monday that the U.S. Securities and Exchange Commission (SEC) agreed in principle to dismiss a civil lawsuit against the company. The dismissal is with prejudice, meaning it can't be brought up again, and there was no admission of wrongdoing, no penalties paid, and no changes to Kraken's business operations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖