Kraken exchange refused to cooperate with the US Attorney’s Office

Jesse Powell| You

Kraken exchange refused to cooperate with the US Attorney's Office

Jesse Powell, CEO and co-founder of Kraken exchange, announced that he has no plans to respond to the request of the New York attorney general, which was sent to 13 cryptocurrency trading platforms..

In an interview, the manager said that such «care» authorities about the digital currency market once again convinces him that relocating activities to San Francisco was the right decision.

Jesse Powell tweeted that such an initiative is an example of an abuse of power and he considers it an insult..


Many believe that the American authorities want to revise the boundaries of regulation of the cryptocurrency market or completely remove them. Kraken CEO believes New York has been hostile to virtual currencies and the business associated with them lately.

Recall that the IMF calls for a fair policy in relation to cryptocurrencies.

text: Ivan Malichenko, photo: Finance magnates, 

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