{"id":337856,"date":"2025-03-04T11:44:02","date_gmt":"2025-03-04T11:44:02","guid":{"rendered":"https:\/\/cryptonews.com\/?post_type=web-story&#038;p=337856\/"},"modified":"2025-03-04T11:44:02","modified_gmt":"2025-03-04T11:44:02","slug":"sec-agrees-in-principle-to-drop-lawsuit-against-kraken","status":"publish","type":"web-story","link":"https:\/\/cryptonews.com\/web-stories\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/","title":{"rendered":"SEC Agrees in Principle to Drop Lawsuit Against Kraken"},"content":{"rendered":"<p><\/p><meta charset=\"utf-8\"><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Noto+Sans%3Awght%40400%3B700\" rel=\"stylesheet\"><style 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var(--initial-opacity);\n                  transform: var(--initial-transform);\n                }\n              }\n<p>              amp-story-grid-layer.align-bottom {\n                align-content: end;\n                padding: 0;\n                \/* \n                  AMP CTA Layer will exactly occupy 74px regardless of any device.\n                  To space out captions 74px from the BOTTOM (AMP CTA Layer),\n                  74px from the TOP should also be spaced out and thus: 2 * 74px\n                  will be the desired max-height.\n                *\/\n                max-height: calc(100vh - (2 * 74px));\n              }\n<p>              .captions-area {\n                padding: 0 32px 0;\n              }\n<p>              amp-story-captions {\n                margin-bottom: 16px;\n                text-align: center;\n              }\n              <\/style><p><meta name=\"web-stories-replace-head-start\"><\/p><title>SEC Agrees in Principle to Drop Lawsuit Against Kraken<br>\n<\/title><link rel=\"canonical\" href=\"https:\/\/cryptonews.com\/?post_type=web-story&amp;p=337856\/\"><meta name=\"web-stories-replace-head-end\"><body><amp-story standalone=\"\" publisher=\"Cryptonews\" publisher-logo-src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2023\/12\/Group-2.png\" title=\"SEC Agrees in Principle to Drop Lawsuit Against Kraken\n\" poster-portrait-src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114354\/cropped-1741043593-image-1741043569032_optimized-1.jpg\"><amp-story-page id=\"c3ddb142-9fa4-4c24-bd18-4d37f51f82dd\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#211b2e\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d84e1e43-e04c-4ccf-b2e4-8da427a304b7\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.70874%;width:105.09709%;height:118.77023%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d5b4e738-b37c-458d-802c-ec9b35e3871e\">\n<div style=\"position:absolute;width:100%;height:100.00519%;left:0%;top:-0.00259%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg.png\" alt=\"1728037267-bg\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-768x1302.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-604x1024.png 604w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-450x763.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-177x300.png 177w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-150x254.png 150w\" sizes=\"(min-width: 1024px) 47vh, 105vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.40777%;top:21.0356%;width:76.94175%;height:24.75728%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6309148264984227% 0.6309148264984227% 0.6309148264984227% 0.6309148264984227% \/ 1.3071895424836601% 1.3071895424836601% 1.3071895424836601% 1.3071895424836601%\" id=\"el-09ff7826-cd0d-4b8e-be05-eb8b75c406ed\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.8410094637223977% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.501618em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700;color: #fff\">SEC Agrees in Principle to Drop Lawsuit Against Kraken<\/span><\/span><\/h2>\n<p><span class=\"replacer\"><\/span><\/p><\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0.24272%;top:75.88997%;width:100%;height:66.66667%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-12b9d89c-391c-4ffa-a27c-b4771ab5cfd9\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png\" alt=\"1728037297-rec-element-big\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png 849w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-768x768.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-450x450.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-300x300.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-150x150.png 150w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-64x64.png 64w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:37.86408%;top:59.70874%;width:24.27184%;height:16.18123%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ba82f2fc-d293-44b0-b311-e5e97cce1bda\">\n<div style=\"position:absolute;width:100.00002%;height:100%;left:-0.00001%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png\" alt=\"1728037297-rec-element-big\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big.png 849w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-768x768.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-450x450.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-300x300.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-150x150.png 150w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102137\/1728037297-rec-element-big-64x64.png 64w\" sizes=\"(min-width: 1024px) 11vh, 24vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:42.23301%;top:6.14887%;width:15.53398%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9525bbbb-64e7-45c7-93d0-1b70d90b7c51\">\n<div style=\"position:absolute;width:100.00003%;height:100%;left:-0.00002%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04103040\/1728037840-logo-mono.png\" alt=\"1728037840-logo-mono\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04103040\/1728037840-logo-mono.png 80w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04103040\/1728037840-logo-mono-64x64.png 64w\" sizes=\"(min-width: 1024px) 7vh, 16vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"dfca7f48-acae-4fa4-b844-c9b89df3dfe8\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f9e0135a-aec1-4e27-b2da-1c5f5d213aec\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:61.65049%;width:33.25243%;height:47.57282%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7ead9c26-9f2c-4a20-9e0a-d49a562ae7b7\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:48.86731%;width:82.52427%;height:15.85761%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.0408163265306123% 2.0408163265306123% 2.0408163265306123% 2.0408163265306123%\" id=\"el-3417fe9a-6507-4b87-bdf2-004b6c2ff12b\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against cryptocurrency exchange Kraken, according to a statement from the company.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:67.1521%;width:82.52427%;height:12.78317%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.5316455696202533% 2.5316455696202533% 2.5316455696202533% 2.5316455696202533%\" id=\"el-ad679827-88c4-49ff-aa6e-f3ae74a3b35c\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>The case will be dropped with prejudice, meaning it cannot be refiled. Kraken will not admit to any wrongdoing, pay penalties, or change its business operations.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:39.23948%;width:100.72816%;height:7.60518%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-23e65a26-ec6d-4971-9320-4e2a2f22a188\">\n<div style=\"position:absolute;width:100%;height:103.87983%;left:0%;top:-1.93991%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085639\/1718182599-bg-2.png\" alt=\"bg-header\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085639\/1718182599-bg-2.png 680w\" sizes=\"(min-width: 1024px) 45vh, 101vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:89.32039%;top:39.15858%;width:10.92233%;height:7.28155%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7525fa3c-42c3-4a1e-9c39-5349ea5d0731\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00002%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue.png\" alt=\"blue arrow\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12085921\/1718182761-arrow-blue-64x64.png 64w\" sizes=\"(min-width: 1024px) 5vh, 11vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-4.36893%;top:-9.38511%;width:116.74757%;height:48.7055%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-bea7ba6f-e2a8-4cfd-9a6f-87839264ae99\">\n<div style=\"position:absolute;width:111.58032%;height:100%;left:-5.79016%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114325\/1741043593-image-1741043569032_optimized-1.jpg\" alt=\"1741043593-image-1741043569032_optimized\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114325\/1741043593-image-1741043569032_optimized-1.jpg 1200w,https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114325\/1741043593-image-1741043569032_optimized-1-1024x574.jpg 1024w,https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114325\/1741043593-image-1741043569032_optimized-1-768x431.jpg 768w,https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114325\/1741043593-image-1741043569032_optimized-1-450x252.jpg 450w,https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114325\/1741043593-image-1741043569032_optimized-1-300x168.jpg 300w,https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114325\/1741043593-image-1741043569032_optimized-1-150x84.jpg 150w\" sizes=\"(min-width: 1024px) 53vh, 117vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/03231313\/1741043593-image-1741043569032_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"445c5b83-20ab-4868-af37-fc5f5e430bc8\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-435f77e6-ff3d-4a96-a05c-74919685c34d\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:57.44337%;width:82.52427%;height:18.77023%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 1.7241379310344827% 1.7241379310344827% 1.7241379310344827% 1.7241379310344827%\" id=\"el-67119013-e3e3-4005-afa7-03f920e5f962\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">The regulator also accused the company of commingling customer and corporate funds.<\/span><\/span><\/p>\n<p><span style=\"color: #737373\">Kraken contested the charges, leading a federal judge to rule the case had enough merit to proceed to trial.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:41.42395%;width:82.52427%;height:12.78317%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.5316455696202533% 2.5316455696202533% 2.5316455696202533% 2.5316455696202533%\" id=\"el-25b21445-f011-48c9-92f0-a2b082ec0b5f\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">The SEC sued Kraken in November 2023, alleging it operated as an unregistered securities exchange, broker, clearing agency, and dealer.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:23.78641%;width:82.52427%;height:14.40129%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.247191011235955% 2.247191011235955% 2.247191011235955% 2.247191011235955%\" id=\"el-60eca818-109e-4172-8899-9085b550419c\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.6070588235294123% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.388350em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">SEC Ends Legal Fight Against Kraken, No Fines or Business Changes<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:2.589%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-023fc774-7c2b-486f-93ed-03b9059b152c\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:87.54045%;width:74.02913%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f9e5b57a-8f45-4477-8311-a3f85d6eeae5\">\n<div style=\"position:absolute;width:100%;height:100.00003%;left:0%;top:-0.00001%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph.png\" alt=\"big-ribbon-bottom\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph.png 610w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph-300x135.png 300w\" sizes=\"(min-width: 1024px) 33vh, 74vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.90291%;top:-9.70874%;width:80.09709%;height:28.64078%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0c502ff2-6d1d-40d6-be68-ccfe06e14aff\">\n<div style=\"position:absolute;width:100%;height:100.31033%;left:0%;top:-0.15516%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png\" alt=\"big ribbon top\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png 710w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-300x161.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-150x81.png 150w\" sizes=\"(min-width: 1024px) 36vh, 80vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/03231313\/1741043593-image-1741043569032_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"8380e40e-fcd6-40e0-b9af-0fd990e3f3a4\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-225a137c-9f89-4cbb-beea-862efd24540e\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:63.26861%;width:82.52427%;height:9.87055%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 3.278688524590164% 3.278688524590164% 3.278688524590164% 3.278688524590164%\" id=\"el-dc4b5b0f-2dee-4990-888a-38fe8a7edb2e\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">&ldquo;The SEC&rsquo;s lawsuit, which mischaracterized our consistent business model, was always without merit,&rdquo; the company said.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:40.45307%;width:82.52427%;height:18.77023%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 1.7241379310344827% 1.7241379310344827% 1.7241379310344827% 1.7241379310344827%\" id=\"el-14a54b1a-71a0-4874-85a4-2690fa1989e6\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">But in a blog post released on March 3, the company described the regulator&rsquo;s case as baseless and politically motivated, doubling down on their claim that &ldquo;Regulatory actions must be based on facts, not political agendas.&rdquo;<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:26.53722%;width:82.52427%;height:9.87055%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 3.278688524590164% 3.278688524590164% 3.278688524590164% 3.278688524590164%\" id=\"el-91d61be5-1c58-4acb-b295-93ddcc053466\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">However, the exchange maintained that the lawsuit misrepresented its business and called the allegations politically motivated.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.2233%;width:9.70874%;height:12.94498%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-086e2042-cf8c-47d2-b716-219b7cf896cb\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151430\/1718205270-recs-small-chess.png\" alt=\"recs small chess\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151430\/1718205270-recs-small-chess.png 80w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:96.27832%;width:9.70874%;height:12.94498%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-88ac61cf-501b-40e8-bb67-66866a5f73c7\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151430\/1718205270-recs-small-chess.png\" alt=\"recs small chess\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151430\/1718205270-recs-small-chess.png 80w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:75.72816%;top:92.88026%;width:24.27184%;height:16.18123%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b5e767d0-fc88-4387-ba28-182cb98011e9\">\n<div style=\"position:absolute;width:100.00002%;height:100%;left:-0.00001%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big.png\" alt=\"rec element big\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big.png 100w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big-64x64.png 64w\" sizes=\"(min-width: 1024px) 11vh, 24vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:87.86408%;top:-8.89968%;width:12.13592%;height:8.09061%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-22ad0b49-21a2-461e-aef0-25a760fb8593\">\n<div style=\"position:absolute;width:100%;height:100.00004%;left:0%;top:-0.00002%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big.png\" alt=\"rec element big\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big.png 100w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151521\/1718205320-rec-element-big-64x64.png 64w\" sizes=\"(min-width: 1024px) 5vh, 12vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/03231313\/1741043593-image-1741043569032_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"3dbc04b3-91ac-4b00-8193-7c1119948d1e\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-85d39b7e-dffa-4070-9f3a-dc7d0f6ada56\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:19.66019%;top:35.43689%;width:64.80583%;height:43.52751%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7490636704119851% 0.7490636704119851% 0.7490636704119851% 0.7490636704119851% \/ 0.7434944237918215% 0.7434944237918215% 0.7434944237918215% 0.7434944237918215%\" id=\"el-8d249b26-b511-436c-aa91-427966d4aadd\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.5153558052434462% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>Kraken expressed optimism that the decision to drop the lawsuit may signal the end of an era marked by contentious legal battles between federal agencies and digital asset platforms, pointing to leadership changes in Washington as a key factor.<\/span><\/p>\n<p>&ldquo;We appreciate the new leadership both at the White House and the Commission that led to this change,&rdquo; said a representative from the crypto platform.<\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.41748%;top:20.22654%;width:66.74757%;height:12.78317%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7272727272727273% 0.7272727272727273% 0.7272727272727273% 0.7272727272727273% \/ 2.5316455696202533% 2.5316455696202533% 2.5316455696202533% 2.5316455696202533%\" id=\"el-165df0c4-62a5-47c5-ad70-5e4ee22bd06f\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.5003636363636368% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>The SEC&rsquo;s move to dismiss the case comes amid a broader shift in regulatory attitudes toward the cryptocurrency industry in the U.S.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.41748%;top:2.589%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-46f84eb7-57c1-4552-86ad-9af2f8b22929\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-33.25243%;top:-9.54693%;width:44.90291%;height:118.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-2360dba1-6d4f-428c-9af6-39ecbc5ee0ad\">\n<div style=\"position:absolute;width:100.44033%;height:100%;left:-0.22017%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12111226\/1718190746-wall-of-rec-right.png\" alt=\"wall of recs right side\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12111226\/1718190746-wall-of-rec-right.png 360w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12111226\/1718190746-wall-of-rec-right-259x1024.png 259w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12111226\/1718190746-wall-of-rec-right-150x593.png 150w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12111226\/1718190746-wall-of-rec-right-76x300.png 76w\" sizes=\"(min-width: 1024px) 20vh, 45vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/03231313\/1741043593-image-1741043569032_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"a032115b-2881-4d65-a0da-f1880e2405e1\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#211b2e\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-af347ac2-e3cd-4c39-a7ef-5f40fa538149\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:53.39806%;width:79.36893%;height:31.22977%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6116207951070336% 0.6116207951070336% 0.6116207951070336% 0.6116207951070336% \/ 1.0362694300518136% 1.0362694300518136% 1.0362694300518136% 1.0362694300518136%\" id=\"el-f1813d07-f4d6-4112-afb7-f8cf4461c315\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.42079510703363954% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: rgba(255,255,255,0.54)\">Under former Chair Gary Gensler, the agency pursued lawsuits against major crypto firms, arguing that most digital assets were unregistered securities.<\/span><\/span><\/p>\n<p><span style=\"color: rgba(255,255,255,0.54)\">Critics condemned this &ldquo;regulation by enforcement&rdquo; strategy, saying it stifled innovation and pushed businesses offshore while other countries established clearer rules.<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:44.66019%;width:82.52427%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 5% 5% 5% 5%\" id=\"el-40e6a29f-77e0-4281-91d2-53854ecb4ab2\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: rgba(255,255,255,0.54)\">Kraken&rsquo;s victory marks a turning point in the SEC&rsquo;s approach to crypto enforcement.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:31.06796%;width:82.76699%;height:9.54693%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5865102639296188% 0.5865102639296188% 0.5865102639296188% 0.5865102639296188% \/ 3.389830508474576% 3.389830508474576% 3.389830508474576% 3.389830508474576%\" id=\"el-fa526b3d-8404-40c8-a595-ccc874e14cb0\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.5800586510263934% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.372168em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700;color: #fff\">Trump-Era SEC Policy Shift: Crypto Firms See Legal Relief<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:101.94175%;width:101.94175%;height:2.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f874b215-b1a8-4f09-b1c8-be290c876f0f\">\n<div style=\"position:absolute;width:100%;height:124.99985%;left:0%;top:-12.49992%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12103551\/1718188550-recs-small.png\" alt=\"rec-line-small\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12103551\/1718188550-recs-small.png 840w\" sizes=\"(min-width: 1024px) 46vh, 102vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:-40.93851%;width:100%;height:69.25566%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-bf230fbf-bb70-49ac-b782-c07b64d6f7b8\">\n<div style=\"position:absolute;width:141.6593%;height:100%;left:-20.82965%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151229\/1718205148-bg-img.png\" alt=\"bg-img-triangle\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151229\/1718205148-bg-img.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151229\/1718205148-bg-img-768x563.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151229\/1718205148-bg-img-300x220.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12151229\/1718205148-bg-img-150x110.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/03231313\/1741043593-image-1741043569032_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"4c2e08d4-cc61-4c6f-a98d-ae01fcd7112b\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#211b2e\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-206a8db2-5e06-4dcb-b223-ef9bb5d7caec\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-23.05825%;top:-32.68608%;width:34.70874%;height:164.88673%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c65bcbef-1b30-4ec1-af6e-35e4e531cb6a\">\n<div style=\"position:absolute;width:100.08249%;height:100%;left:-0.04125%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12120926\/1718194166-line-of-recs-big.png\" alt=\"line of recs big\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12120926\/1718194166-line-of-recs-big.png 100w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12120926\/1718194166-line-of-recs-big-42x300.png 42w\" sizes=\"(min-width: 1024px) 16vh, 35vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:21.1165%;top:47.411%;width:66.74757%;height:12.78317%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7272727272727273% 0.7272727272727273% 0.7272727272727273% 0.7272727272727273% \/ 2.5316455696202533% 2.5316455696202533% 2.5316455696202533% 2.5316455696202533%\" id=\"el-c228a561-3f12-428b-9a7a-9205a08a936d\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.5003636363636368% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">On February 27, it officially dismissed its case against Coinbase, further signaling a retreat from aggressive enforcement.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:21.1165%;top:64.56311%;width:66.74757%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7272727272727273% 0.7272727272727273% 0.7272727272727273% 0.7272727272727273% \/ 3.3333333333333335% 3.3333333333333335% 3.3333333333333335% 3.3333333333333335%\" id=\"el-ee687ccf-f224-4ef0-83dc-9bf0528bab58\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.5003636363636368% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">This shift aligns with President Donald Trump&rsquo;s broader regulatory approach.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:21.1165%;top:25.24272%;width:66.74757%;height:18.77023%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7272727272727273% 0.7272727272727273% 0.7272727272727273% 0.7272727272727273% \/ 1.7241379310344827% 1.7241379310344827% 1.7241379310344827% 1.7241379310344827%\" id=\"el-44889367-2948-483b-a71c-b36716afefe6\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.5003636363636368% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Now, the SEC is taking a different path. Since the change in leadership, the agency has dropped multiple lawsuits and investigations, including cases against Consensys, Uniswap, Robinhood, and OpenSea.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:38.83495%;top:2.589%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-515e0f62-c31d-49cb-baf2-046cf6183314\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12120823\/1718194103-logo-short-mono.png\" alt=\"logo short mono\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/03231313\/1741043593-image-1741043569032_optimized.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body>","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against cryptocurrency exchange Kraken, according to a statement from the company.<\/p>\n","protected":false},"author":422,"featured_media":337862,"template":"","meta":{"_acf_changed":false,"web_stories_publisher_logo":138953,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[],"web_story_tag":[],"class_list":["post-337856","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - 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Cryptonews","description":"The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against cryptocurrency exchange Kraken, according to a statement from the company.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.com\/web-stories\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/","og_locale":"en_US","og_type":"article","og_title":"SEC Agrees in Principle to Drop Lawsuit Against Kraken - Cryptonews","og_description":"The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against cryptocurrency exchange Kraken, according to a statement from the company.","og_url":"https:\/\/cryptonews.com\/web-stories\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/","og_site_name":"Cryptonews","og_image":[{"width":640,"height":853,"url":"https:\/\/cimg.co\/wp-content\/uploads\/2025\/03\/04114354\/cropped-1741043593-image-1741043569032_optimized-1.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_image":"https:\/\/cryptonews.com\/wp-content\/uploads\/2025\/03\/cropped-1741043593-image-1741043569032_optimized-1.jpg","twitter_site":"@cryptonews","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptonews.com\/web-stories\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/#article","isPartOf":{"@id":"https:\/\/cryptonews.com\/web-stories\/sec-agrees-in-principle-to-drop-lawsuit-against-kraken\/"},"author":{"name":"polina","@id":"https:\/\/cryptonews.com\/#\/schema\/person\/3980d94123c640cfe6a45cead47aa371"},"headline":"SEC Agrees in Principle to Drop Lawsuit Against 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