The SEC sued Kraken within the Northern District of California final November asking the court docket to completely enjoin the change from additional securities violations, looking for disgorgement of its “ill-gotten features” 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.