The SEC sued Kraken within the Northern District of California final November asking the courtroom to completely enjoin the change from additional securities violations, looking for disgorgement of its “ill-gotten positive factors” and different civil penalties. The regulator listed ADA, ALGO, ATOM, FIL, FLOW, ICP, MANA, MATIC, NEAR, OMG, and the SOL tokens because the 11 unregistered securities.