Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

Leave it to Jesse Powell to say what everyone in crypto is thinking. “I’m really trying to control my rage,” the mind behind Kraken tweeted to begin his rant. In the following article, we’ll comment on several of his very interesting points. Make no mistake, though, Jesse Powell thinks this isn’t over and the crypto industry will have to work for years to make up for… some other cryptocurrency exchange’s mistake. “More business failures are sure to come as the contagion spreads,” he warned. 2/ Our good, trusting nature makes us easy targets for con artists. Some even tell us straight....


Related News

FTX’s Sam Bankman-Fried Says Bread And Peanut Butter Is His Only Sustenance I...

Sam Bankman-Fried’s legal team has complained to a Magistrate Judge about the “outrageous” prison conditions the former FTX CEO is being held in. The attorney stated that Bankman-Fried is living on meager sustenance due to the prison’s inability to provide him with an appropriate diet. Former FTX Founder Complains Of Unsavory Prison Meals Sam Bankman-Fried, […]

Kraken’s Jesse Powell will step down as CEO, stay on as board chair

Jesse Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with the crypto exchange since 2016. Jesse Powell, the co-founder and CEO of cryptocurrency exchange Kraken, will be stepping down after leading the platform for more than 11 years.In a Wednesday announcement, Kraken says Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with Kraken since 2016. The soon-to-be former CEO will stay with the crypto exchange as the chair of the board, while the company will search for a new chief operating officer.Ripley said his goals....

Sam Bankman-Fried Will ‘Get Skinned Alive’ When He Testifies In Court: Scaram...

In a candid panel discussion back in January this year, Anthony Scaramucci criticized Sam Bankman-Fried, whom he had considered a close friend, stating that Bankman-Fried’s actions had damaged his reputation. Sam Bankman-Fried, currently facing eight fraud charges related to his company FTX, was on the receiving end of Scaramucci’s strong words, with the financier going […]

Brett Harrison will step down as FTX US president, move into advisory role

The soon-to-be former president said he would continue to assist CEO and founder Sam Bankman-Fried "to ensure FTX ends the year with all its characteristic momentum.” The president of cryptocurrency exchange FTX US, Brett Harrison, has announced he will be transitioning into an advisory role in the next few months.In a Sept. 27 announcement on Twitter, Harrison said he will be resigning his position as FTX US president but will remain with the exchange “with the goal of removing technological barriers to full participation in and maturation of global crypto markets, both centralized and....

The Most Jaw-Dropping Revelations Made About FTX’s Sam Bankman-Fried During T...

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has produced some interesting revelations even as SBF is set to testify in his case when his hearing resumes on October 26. The most notable ones seem to have come from the testimonies of his ‘inner circle.’ How Sam Bankman-Fried […]