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Kraken Vs SEC Lawsuit: US Court Issues Major Order

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Summary
Nutrition label

71% Informative

Magistrate Judge Robert Illman has denied Kraken 's requests for production from US SEC .

Kraken requested Bitcoin and Ether evidence documents, the SEC ’s public statements, and internal policies.

The court stated the requests are too broad and irrelevant before the SEC 's arguments on securities transactions.

Ripple cross-appealed to target SEC 's rules and guidance as inconsistent and unclear.

VR Score

61

Informative language

55

Neutral language

24

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links