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Breaking: US SEC Agrees To Drop Kraken Lawsuit With Prejudice

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Summary
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59% Informative

US SEC has agreed in principle to dismiss the Kraken lawsuit with prejudice, meaning the Commission won’t be able to refile the case again.

The top crypto exchange stated that the decision to drop the lawsuit is more than just a legal victory but also a turning point for the future of crypto in the US .

The Commission will dismiss the case without Kraken having to admit any wrongdoing, pay any penalty or alter its operations.

VR Score

34

Informative language

19

Neutral language

46

Article tone

formal

Language

English

Language complexity

51

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not offensive

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not hateful

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short-lived

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