On: SEC charges Kraken for operating as an unregistered securities exchange

[Loughla]

If the company says it doesn't co-mingle funds, but does, why should I be punished as a retail investor?

[heavyset_go → Loughla]

You're just acceptable collateral damage to someone who is ideologically opposed to regulations. At best, your legal recourse is to "sue" an entity that has already been dissolved and bankrupted.