Jesse Powell News
23.11 / 09:27
business
Binance
regulation
SEC
Kraken
Court
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for long-term-oriented visionaries and shareholders.
31.10 / 10:51
markets
Digital
Platform
Kraken
War
Schools
International
Kraken lays off 15% of workers and names new co-CEO
Kraken, one of the world's largest cryptocurrency exchanges, on Wednesday announced the layoff of 15% of its workers, a corporate restructuring and the appointment of a new co-chief executive. The cuts amounted to about 400 of the company's roughly 2,600 employees, two people with knowledge of the company said. They included two members of the leadership team: the chief operating officer, Gilles BianRosa, and the chief technology officer, Vishnu Patankar, two people said. Kraken named Arjun Sethi, a longtime Silicon Valley executive, as co-CEO, alongside Dave Ripley. Ripley became chief executive in 2023 after Jesse Powell, the company's founder, stepped down following internal struggles with employees.
24.07 / 09:51
markets
BTC
FIVE
Kraken
Bitcoin
International
Mt Gox Transfers Another $2.47B Worth of Bitcoin as Creditors Confirm Repayment
Mt Gox on Wednesday transferred 37,477 Bitcoin (worth $2.47b) from a cold wallet to an unknown address, according to Arkham Intelligence.
15.07 / 18:29
Toncoin
wienerai
New AI Platform Raises $7.2 Million as Toncoin Volume Soars Past $275 Million
The Toncoin ($TON) token underpinning The Open Network, a blockchain that was formerly part of Telegram, just hit an intraday high of $7.54 after being helped along by a sweltering 24-hour trading volume of $279 million.
28.06 / 12:43
Election
Kraken
community
President
reports
donates
Kraken Co-Founder Jesse Powell Donates $1M, Mostly in Ether, to Donald Trump
Jesse Powell, one of the co-founders of the popular cryptocurrency exchange Kraken, has announced a donation of $1 million to Republican presidential candidate Donald Trump, with the majority of the contribution made in the form of Ether.
27.11 / 20:02
Adoption
Binance
regulation
SEC
Kraken
FTX
end
The end of an era for Binance, troubles for Kraken: Law Decoded
Last week, the legal drama featuring the world’s largest crypto exchange and United States law enforcement ended with a plea deal. Binance and Changpeng “CZ” Zhao have admitted violating U.S. Anti-Money Laundering laws, agreeing to pay $4.3 billion in fines. CZ resigned as CEO of Binance as part of the deal. Binance’s former head of regional markets outside the U.S., Richard Teng, is the new CEO.
23.11 / 17:29
22.11 / 11:43
SEC
Legal
Kraken
Kraken Exchange CEO Jesse Powell Slams SEC for ‘Assault on America’
Jesse Powell, co-founder of crypto exchange Kraken, has called the US regulators masochists attacking America and extortionists chasing crypto companies out of the country.
21.11 / 19:05
FATF
crypto regulation
NYDFS
Crypto Adoption
Weekly
Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations
The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed new international standards, Turkey pushed ahead with licensing requirements, Canada’s OSFI moved to refine industry rules, and NYDFS tightened token listing and delisting policies.
21.11 / 15:45
Kraken Co-Founder Jesse Powell Blasts SEC as ‘Top Decel,’ Says Crypto Should Exit US
Kraken co-founder Jesse Powell did not mince words recently when he criticized the United States Securities and Exchange Commission (SEC) for suing his cryptocurrency exchange.
21.11 / 11:31
business
regulation
SEC
Kraken
Crypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler
The crypto space has been making its feelings known about a lawsuit filed by the United States Securities and Exchange Commission (SEC) against the crypto exchange Kraken.
21.11 / 06:47
business
Law
regulation
SEC
Kraken
Court
Kraken co-founder slams ‘decel’ SEC, warns others should flee US
Kraken co-founder Jesse Powell has lashed out at the Securities and Exchange Commission after it sued his crypto exchange for alleged securities law violations.
12.10 / 18:45
Kraken
FTX collapse
Kraken Co-Founder Criticizes Venture Capitalists for Enabling Fraud at FTX
In an X social media post on Wednesday, Jesse Powell, the co-founder of Kraken, criticized venture capital firms for their role in what he described as "obvious fraud" at FTX, led by Sam Bankman-Fried (SBF).
10.08 / 13:59
business
Blockchain
Law
FTX
FTX debtors
FTX debtors and UCC clash over asset control in restructuring
FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to gain authority over assets. They believe the UCC’s plan to invest nearly $2.6 billion in cash reserves in short-term Treasuries is a bad idea amid FTX 2.0 draft restructuring plan.
03.08 / 05:03
07.07 / 11:29
Provident
Aware
CEO
Action
Kraken
Forbes
Kraken Co-Founder Jesse Powell Faces Federal Investigation: Allegations of Hacking and Cyberstalking Non-Profit
Jesse Powell, the co-founder and former CEO of Kraken, a prominent cryptocurrency exchange, has become the subject of a federal investigation into allegations of hacking and cyberstalking involving a non-profit organization.
07.07 / 00:25
business
Government
Law
SEC
Kraken
FBI
FBI searched Kraken co-founder's home in March: Report
The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Kraken co-founder Jesse Powell in March as part of an investigation into claims he hacked and cyber-stalked a nonprofit arts group.
20.06 / 10:37
ETH
Target
Binance
CEO
Fighting
Remark
Support
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
08.03 / 19:19
reserves
Binance Expands Proof of Reserves Report with 11 New Tokens - Here Are the Coins That Were Added
Binance has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the overall amount of funds verifiable via the exchange's PoR system to over $63 billion.
21.02 / 14:33
UPS
Digital
CEO
Action
Remark
Kraken
The real reason behind the crypto heat, according to Cardano’s co-founder
Cardano co-creator Charles Hoskinson has expressed his thoughts on recent regulatory actions against the crypto industry. The occasion for Hoskinson’s remarks was the introduction of the Digital Property Protection and Law Enforcement Act, a Senate bill in Illinois that has already been dubbed the most unworkable state law.
20.02 / 21:31
regulation
SEC
Kraken
settlement
‘Regulators let the bad guys get big’ — Kraken CEO speaks out after SEC settlement
Jesse Powell, CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda.
information about Jesse Powell
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