Expect 'Positive Outcome' on SEC Case: Kraken Co-CEO

The transcript discusses Kraken's legal challenges with the SEC, focusing on their past issues and expectations for a positive outcome in their current case. The speaker emphasizes the importance of continuing to operate their business compliantly and providing services to clients. They express confidence in achieving a favorable resolution, especially with recent changes in administration.

What was Kraken accused of in the lawsuit mentioned in the transcript?

• Engaging in insider trading

• Operating as a registered exchange

• Operating as an unregistered exchange broker dealer and clearing agency

• Failing to pay taxes

When did Kraken settle separate charges with the SEC over its staking business?

• February 2024

• February 2023

• February 2022

• February 2021

What is Kraken's outlook on their ongoing case with the SEC?

• They expect a negative outcome

• They are uncertain about the outcome

• They expect a positive outcome

• They have withdrawn from the case

How does Kraken view the administration change in relation to their case?

• As a negative impact

• As a positive tailwind

• As irrelevant

• As a reason to settle

What is Kraken's primary goal in achieving a positive outcome?

• To merge with another company

• To continue operating in a compliant manner

• To expand their business internationally

• To change their business model