Judge in SEC v. Kraken case suggests he will deny motion to dismiss

In their movement has dismiss, Kraken lawyers disputed THE legal theory that THE exchange was A " ecosystem " For crypto active titles.

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Lawyers representative Kraken And THE United States Securities And Exchange Commission (SECOND) present in competition arguments has A federal judge on if digital assets on THE exchange can be considered titles.

In A June 20 hearing In THE WE. District Court For THE North District of California, Payment — THE farm TO DO business as Kraken — lawyer Matthew Solomon And SECOND Advice Rock Moores encounter Before Judge William Orrick has address A movement has dismiss deposit by THE exchange In FEBRUARY. THE judge suggested he was "inclined has refuse" THE movement has dismiss, saying he was "plausible" digital assets were Free And sold as investment contracts on THE crypto exchange.

In arguments Before THE i....