The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit filed by the U.S. SEC against cryptocurrency exchange Kraken.
Jesse Powell News
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Electronic devices were seized from former Kraken CEO Jesse Powell’s Los Angeles home in connection to a non-crypto-related investigation into alleged hacking and cyberstalking.
5820According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.”
22168According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the wallets.
31470The majority of the top 100 DeFi tokens had a mixed week, with several tokens trading in the green on weekly charts and with the total value locked seeing a minor increase of $4 billion.
1099Dave Ripley says he doesn’t see a reason to register with the SEC as an exchange because Kraken does not offer securities to users.
4831Jesse Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with the crypto exchange since 2016.
3012In August, the CEO predicted that Bitcoin would trade “$100,000 plus a coin” late this year or early next year.
55055Losing the $3,000 mark just days before Friday's $1.55 billion ETH options expiry nearly doomed Ether longs, but derivatives data shows bulls are still in favor.
6923Kraken’s potential European regulatory jurisdictions reportedly include countries like Malta, Luxembourg, and Ireland.
6365Kraken could follow Coinbase's footsteps by becoming the next Unites States-based crypto exchange to be a publicly traded company.
3280Kraken CEO Jesse Powell is having second thoughts about a direct listing in light of Coinbase going public and is potentially leaning toward an IPO instead.
11286From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin.
35891A $1 million price tag for BTC within the next ten years is "pretty reasonable," Jesse Powell tells Bloomberg.
47872Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long term.
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