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“Abusive and Controlling Ex”: Kraken CEO Once Again Puts New York on Blast Over Its Stance on Crypto

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Wed, 19/09/2018 - 20:10
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“Abusive and Controlling Ex”: Kraken CEO Once Again Puts New York on Blast Over Its Stance on Crypto
Cover image via U.Today
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Kraken CEO Jesse Powell once again lashes out harsh criticism at the state of New York after its AG accused the exchange of breaking the law. As U.Today reported earlier, the AG report implied that Kraken and other cryptocurrency exchanges are enabling market manipulation.

It didn’t take long for the Powell to respond on Twitter. He draws a parallel between New York’s stance on cryptocurrencies and an abusive ex-partner who keeps stalking you despite the relationships being over a long time ago.

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Indeed, the relationships between Kraken and New York ended back in 2015 after the company left the state’s jurisdiction, not willing to comply with the onerous “BitLicense” regulatory framework.  

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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