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Unexpected Allies: 8 States File Amicus Brief Against SEC in Kraken Case

The Breakdown

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States Push Back Against SEC's Regulatory Authority in Kraken Case

The chapter covers the filing of an amicus brief by state attorneys general in the Kraken lawsuit challenging the SEC's classification of crypto assets as securities. It explores the potential impact on state regulators and consumer protection, as well as Kraken's resistance to the SEC's interpretation.

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