The post Kraken’s Australian Arm Fined $5.1M: What Went Wrong? appeared first on Coinpedia Fintech News
In yet another crypto crackdown, Kraken’s Australian branch, Bit Trade, has been hit with a significant $5.1 million penalty after violating Australian financial laws. The global scenario is changing and countries are putting hefty fines for violations of financial laws. Recently the Australian Securities and Investments Commission (ASIC) took action after the company issued margin …