Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), has filed a lawsuit against Kraken, one of the largest crypto exchanges. This move comes as no surprise, as Gensler has been known for his relentless fight against cryptocurrencies. The lawsuit alleges that Kraken sold several crypto tokens as unregistered securities. Interestingly, XRP, which the SEC previously claimed was a security, is not included in this lawsuit. Gensler’s actions have been criticized for potentially manipulating the market and hindering the transparency and efficiency that cryptocurrencies bring. Despite his efforts, the crypto industry continues to challenge the traditional financial system.

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Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	negative
Relevance Score	1
People	Gary Gensler
Companies	Goldman Sachs, Binance, Kraken, Coinbase, US Securities and Exchange Commission (SEC)
Currencies	Cardano, Polygon, Solana
Securities	None