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Kraken's Australian Exchange Operator Fined $5.1 Million for High-Risk Margin Trading Products

The exchange didn't take the proper steps to ensure investors were "not inappropriately marketed products that could harm them," said the ASIC chair.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kraken's Australian Exchange Operator Fined $5.1 Million for High-Risk Margin Trading Products
The exchange didn't take the proper steps to ensure investors were "not inappropriately marketed products that could harm them," said the ASIC chair.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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