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Regulatory

ASIC wins case against crypto exchange Kraken

BY ANDREW MCKEAN | MONDAY, 26 AUG 2024 12:42PM

ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers.

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Read more: ASIC, Crypto, Bit Trade, Kraken, Australia, Bitcoin, Federal Court, Sarah Court

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