Summary
State law enforcement officials from multiple states filed a joint amicus brief in support of the SEC’s lawsuit against Kraken, along with industry lobbyists and other participants.
Key Points
1. State law enforcement officials from multiple states, including Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota, and Texas, joined forces to file an amicus brief in the SEC’s lawsuit against Kraken.
2. The joint amicus brief was supported by industry lobbyists and other participants, indicating a broad coalition of support for Kraken in the legal battle.
3. This collaborative effort by state law enforcement officials and industry stakeholders highlights the significance of the case and the potential implications it may have for the cryptocurrency industry as a whole.