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Crypto crisis: Class action lawsuit brought against FTX - On Balance
Class Action lawsuits claim that some Crypto companies have disregarded their consumer rights by negligently failing to take adequate and reasonable security. The U.S. SEC has filed lawsuits against major cryptocurrency exchanges Binance, Coinbase and Kraken. The SEC's concerns revolve around. This lawsuit against Kraken is similar to charges filed by the SEC against crypto exchanges Binance, Bittrex and Coinbase earlier in the year.