The New York Times had the report overnight that cryptocurrency exchange Kraken is under federal investigation.

  • The investigation will look at potential violation of U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital token
  • U.S. Treasury Department's Office of Foreign Assets Control has been investigating Kraken since 2019.
  • expected to impose a fine

New York Times cited people with knowledge of the matter.

BTC update:

btcusd chart 27 July 2022