Taking a look at Kraken’s Movement to Dismiss an SEC Lawsuit

The Coinbase case is within the Southern District of New York, Binance.US is within the District of Washington and Kraken is within the Northern District of California. One other firm, going by the identify Legit.Exchange, simply filed swimsuit towards the SEC within the Northern District of Texas. The possibilities of 4 totally different district judges in 4 totally different districts discovering a consensus is a bit slim. Assuming the events concerned enchantment no matter rulings come out, we’re additionally a couple of appeals courts that can weigh in.