- An X post revealed that ADA was mentioned 60+ times in the SEC vs. Kraken lawsuit.
- Out of all the tokens pointed out in the lawsuit, neither XRP nor ETH was mentioned.
- At press time, ADA was trading at $0.384 after it experienced a 0.97% price dip in the past day.
The U.S. Securities and Exchange Commission’s (SEC) next target in the crypto space has been a hot topic of discussion on social media platforms again recently. StakeWithPride, a Cardano enthusiast, shared in an X post this morning that Cardano (ADA) is mentioned 60+ times in the SEC’s lawsuit against crypto exchange Kraken.
Cardano and $ADA mentioned 60+ times in SEC Kraken lawsuit.Ask My Anything aka AMA also mentioned. #Cardano pic.twitter.com/OtznBBl8eT
— St₳kΣ with Pride (@StakeWithPride) November 20, 2023
The SEC topic came up in a separate X post from the Thinking Crypto Podcast founder, Tony Edward. According to his post, Ripple (XRP) and Ethereum (ETH) are two cryptocurrencies that were not mentioned at all in the SEC’s lawsuit against Kraken.
However, there was a long list of other well-known tokens mentioned. These coins include ADA, Axie Infinity (AXS), Algorand (ALGO), Co…
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