# Kraken's CEO on Their Battle Against The SEC

*Author: Ryan Sean Adams, David Hoffman*
*Published: Dec 14, 2023*
*Source: https://www.bankless.com/krakens-ceo-on-their-battle-against-the-sec*

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Kraken is one of the two most important exchanges in the US right now, it's also an essential bridge across many other jurisdictions. Recently Kraken has come under fire by the SEC for the second time this year.

In today’s episode we're joined by Kraken CEO, Dave Ripley. Dave walks us through what it's like to take the reigns of one of the largest US crypto exchanges and how he plans to navigate the constant battles they have to face from US regulators. 

[https://youtu.be/eoSPx4Jv5eY](https://youtu.be/eoSPx4Jv5eY)

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## TIMESTAMPS

00:00 Intro

04:27 Regulatory Action Around Kraken

09:27 Is This a PR Stunt By The SEC?

11:31 "Co-Mingling Funds" & Fighting The SEC

16:28 Hostility Towards Crypto

21:03 Leaving The US?

24:32 Getting To Know the New CEO

28:50 Finding Bitcoin In 2013

32:48 Kraken Values

38:40 Custody & Proof Of Reserves

42:18 Kraken Endgame

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RESOURCES

Dave Ripley:
https://twitter.com/DavidLRipley

Why Kraken:
https://www.kraken.com/why-kraken