Jesse Powell News

Claiming that the crypto game is now ‘more fair,’ Kraken founder Jesse Powell adds that there are new threats to the industry’s reputation that continue to emerge. As Binance reached a $4.3 billion settlement agreement with the U.S. Department of…

Kraken co-founder Jesse Powell doubts FTX 2.0's potential to bounce back from bankruptcy

Jesse Powell, founder and former CEO of crypto exchange Kraken, had his residence searched by the FBI earlier this year

FTX let customers to trade on margin, and as is now evident and as stated by SB-F in a letter to staff members this week, the true extent of leverage ultimately ended up being quite high and was not understood or carefully tracked by the management.

Jesse Powell, via his official Twitter account, thinks that Sam Bankman-Fried didn’t care and was actually gambling with his client’s money. He was recklessly overconfident Via his Twitter account, we can deduce that Jesse Powell cannot be convinced by the…

Kraken, one of the biggest crypto exchanges in the world, will let go of around 1,100 employees, or 30% of its workforce, "in order to adapt to current market conditions."