Kraken Starts Withdrawing All Staked Ethereum (ETH) Amid US SEC Pressure

Crypto exchange Kraken has started the procedure for withdrawing all staked Ethereum associated with its users in the U.S. amid the Ethereum Shanghai upgrade scheduled today, April 12. In February, the U.S. SEC charged Kraken for offering an unregistered crypto asset staking-as-a-service program to its U.S. customers.