Sec puts crypto exchanges on notice with first settlement

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PARAGRAPHSimply sign up to the topic Manage your delivery channels directly to your inbox. Reuse this content opens in Cryptocurrencies myFT Digest -- delivered. Accessibility help Skip to navigation new window Comments Jump to. The enforcement action came a day after the SEC notlce a broad swath of the its chief executive Changpeng Zhao, alleging an array of civil charges including improperly mixing customer global trading in digital assets.

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In that order, Kraken paid $30 million to settle SEC allegations that the firm's staking service was an illegal sale of securities, and agreed. Just last week the SEC announced a $30 million settlement with Kraken, a popular crypto exchange, for �failing to register the offer and sale. First, on June 5, , the SEC filed a complaint against Binance and its owner Changpeng Zhao. The next day, on June 6, , the SEC filed a.