Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It

 The U.S. Securities and Exchange Commission didn’t allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday. The U.S. Securities and Exchange Commission didn’t allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.