#Kraken is under investigation by the U.S. Securities and Exchange Commission (SEC) as to whether rules were broken in certain offerings to U.S. investors.

Kraken vs IRS : #Kraken is mandated to submit client details and transaction records from 2016 to 2020 to the IRS, including names, birth dates, tax IDs, addresses, and contact information.

#Kraken sees spike in U.S. law enforcement data requests amidst surging demand; emphasizes commitment to customer privacy.

Kraken disclosed that 28.2% of the requests came from US 🇺🇸 law enforcement agencies, accounting for a large portion of the total number of queries. #Kraken provides services to a vast clientele of over 9 million in 190 countries/regions.