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SEC Accuses Kraken of Operating Unregistered Platform, Improperly Mixing Customer Funds

Crypto exchange Kraken commingled customer and corporate funds while operating as an unregistered broker, clearing agency and dealer, the U.S. Securities and Exchange Commission (SEC) alleged in a new lawsuit Monday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details. Plus, what to make of Bittrex Global shutting down.

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Bitcoin Rises Above $50K After Ether’s Biggest Single-Day Gain in 6 Weeks

Bitcoin crossed the $50,000 mark for the first time since Aug. 23. The advance comes just a day after ether jumped above $3,800 to reach the highest level since mid-May, ending the day with an 11% gain, the biggest single-day rise since July 21. Stephen Stonberg, CEO of crypto exchange Bittrex Global, discusses his take on what's driving the crypto markets higher and what assets he's continuing to watch. Plus, insights into institutional traders.

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