F. Phillip Hosp V

F. Phillip Hosp V

Foley & Lardner LLP

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Kraken Settles SEC Charge That Its SAAS Model Was an Illegal Securities Offering

On February 9, 2023, the SEC announced that Kraken had settled charges alleging that it violated securities laws by failing to register the offer and sale of its “crypto asset staking-as-a-service program.” To settle the...more

2/23/2023  /  Blockchain , Cryptoassets , Disclosure Requirements , SaaS , Securities , Securities and Exchange Commission (SEC) , Settlement
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