Microsoft hack reveals scheme to steal from Kraken accounts
A recent security breach at Microsoft reveales a scheme to steal from Kraken accounts, and a lack of security on Kraken accounts as well.
A recent security breach at Microsoft reveales a scheme to steal from Kraken accounts, and a lack of security on Kraken accounts as well.
Kraken has played to the mob by deciding to delist Bitcoin SV, but now they’ve also caused financial harm to their customers by shutting down withdrawals.
Kraken is facing yet another lawsuit, this time from one of its former employees who accused Kraken of failing to pay his compensation.
Kraken’s CEO Jesse Powell keeps talking about QuadrigaCX, because he feels the embarrassing case holds important lessons for the cryptocurrency industry.
Company challenges Defendants to explain their actions under oath and will pursue discovery by way of deposition or under subpoena of the Defendants in the United States including Roger Ver, Amaury Sechet and Jihan Wu.
QuadrigaCX bizzare case lends itself to a lot of speculation, and Kraken CEO Jesse Powell isn’t afraid to partake.
Playing up their big brother persona, Kraken has offered to help QuadrigaCX victims by offering a reward for anyone who finds the lost money.
The cryptocurrency exchange announced on February 4 that they have purchased Crypto Facilities, a cryptocurrency trading platform based in the United Kingdom.
Over the course of the past three months, the balances of cryptocurrency wallets held by exchanges has declined. Most notably, exchange-held Bitcoin Core (BTC) and Ether (ETH) assets dropped 6%, while the holdings of once-prominent stablecoin Tether were reduced by 40%.
According to a tweet by the cryptocurrency exchange from two days ago, Kraken had to deal with a significant number of law enforcement requests last year.
Jihan Wu, his company Bitmain, and their alleged ‘team conspirators” have 21 days to respond to a lawsuit accusing them of intentional fraud and market manipulation during the recent Bitcoin Cash BCH network upgrade.
On Thursday, a lawsuit was filed in Florida’s Southern District against a group of cryptocurrency heavyweights alleging intentional fraud and market manipulation surrounding the recent Bitcoin Cash BCH update.