EPISODE · Dec 16, 2024 · 2 MIN
Kraken's Bit Trade Fined $5.1M AUD for Regulatory Violations
from The Shib and Tell · host Yona Gushiken
Bit Trade, the Australian subsidiary of Kraken, has been fined $5.1 million AUD (approx. $3.2 million USD) by the Australian Federal Court for offering a margin lending product to customers without regulatory approval.
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Kraken's Bit Trade Fined $5.1M AUD for Regulatory Violations
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