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Showing 1 - 4 of 4 results for "Kraken Exchange"

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
Bit Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers." Bit Trade offered a "margin extension" product, which allowed payments to be ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... repaid in either digital assets like Bitcoin or national currencies such as US dollars, has been available on the Kraken exchange for several years without a legally required target market determination. The corporate regulator argued that the obligation ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
The Securities and Exchange Commission (SEC) has charged Kraken Crypto Exchange for operating its trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... suffered financial losses totalling around $12.95 million while using Bit Trade's margin trading product via the Kraken exchange. ASIC deputy chair Sarah Court said: "These proceedings should send a message to the crypto industry that products will ...
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