Crypto
Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds
![](https://blacknewsdaily.com/wp-content/uploads/2023/11/SCF2COPQCJEUXHEC56N65GAM6Q-780x470.jpg)
The federal regulator, as it has with those previous suits, listed a number of tokens it deemed to be unregistered securities, including the Algorand token (ALGO), Polygon’s MATIC and NEAR. According to the suit, Kraken took a direct role in promoting these tokens to the investing public.