New articlThe Dangers of Centralization: When Gov't Doesn't Want You to Grow Your Wealth for Your 'Protection'e...

Co-published on Odysee, Publish0x, and Read.cash.

As covered by multiple people on Publish0x, the SEC went after Kraken and its staking program for not registering it as a security. In response, Kraken paid the SEC $30 million in disgorgement, prejudgment interest and civil penalties as well as shutting down staking for US customers. If you want to read more into this, Yugocean and ZeroRequiem both did a great job breaking down the situation.

Prior to the Kraken news, Coinbase CEO Brian Armstr
By LateToTheParty

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