Gadgets: Kraken Fined in Australia for Legal Violations Resulting in Financial Losses to Citizens

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Kraken Fined in Australia for Legal Violations Resulting in Financial Losses to Citizens

Australia has fined US-based crypto exchange Kraken $5.1 million (roughly Rs. 43 crores or AUD 8 million). The ASIC criticised Bit Trade, which operates Kraken locally, for improper marketing that led to financial losses for Australian citizens.

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