Did Kraken violate the Securities Exchange Act of 1934?
Could you elaborate on the recent accusations surrounding Kraken and their alleged violation of the Securities Exchange Act of 1934? Are there specific actions or transactions that have raised concerns among regulators or investors? How might such a violation impact the cryptocurrency market and Kraken's reputation in the industry? And finally, what steps is Kraken taking to address these allegations and ensure compliance with securities laws in the future?