PH Conversations: Kraken, SEC, and Staking

Thursday, March 02, 2023 - Thursday, March 02, 2023
3:00 pm EDT - 3:45 pm EDT

The Securities and Exchange Commission (SEC) announced that it had settled an enforcement action against Kraken, a large crypto trading platform, in which it alleged that Kraken’s staking-as-a-service program constituted an unregistered public offering of securities in violation of the Securities Act of 1933. This represents the first time the SEC has formally asserted jurisdiction over digital asset Proof of Stake staking services in an enforcement proceeding.

To see a recording of the webinar, click here.

Practice Areas


Image: Chris Daniel
Chris Daniel
Partner, Corporate Department
Image: Nick Morgan
Nick Morgan
Partner, Litigation Department
Image: Eric C. Sibbitt
Eric C. Sibbitt
Partner, Corporate Department
Image: Michael L. Zuppone
Michael L. Zuppone
Partner, Corporate Department

Get In Touch With Us

Contact Us