Kraken exchange freezes accounts related to FTX, Alameda

Cryptocurrency exchange Kraken has frozen accounts connected to “FTX Group, Alameda Research, and their executives” on its platform in the wake of the FTX saga. On November 13, Kraken wrote on Twitter that the accounts were frozen “to protect their creditors” that it “maintains full reserves” and that other users’ funds are unaffected. Kraken was probably […]
$600M FTX Hacker Has Been Identified By Kraken’s CSO

Nick Percoco, CSO of Kraken Exchange tweeted that his team had successfully identified the $600M FTX hacker. The CSO of Kraken Exchange, Nick Percoco, tweeted that the Kraken team now knows the user’s name who hacked FTX. How Kraken was able to recognize it with ease Since the hacker used the exchange to dump the […]
Kraken joins other exchanges to restrict Russian users

In accordance with EU sanctions, Kraken is the most recent cryptocurrency exchange to impose restrictions on Russian user accounts on its platform. Kraken informed its Russian clients via email on October 19 that the exchange is discontinuing service to Russian clients. “Due to the new European legislation, we have to take measures to restrict your […]
Binance Hires Steven Christie as its Senior Vice President

A report says that Steven Christie, who worked for almost five years at Kraken, joined Binance in May. Binance founder, Changpeng “CZ” Zhao, said that Kraken rival Steven Christie was hired as Binance’s senior vice president (SVP) of compliance. Christie came from Kraken. CZ wrote on Twitter that Christie joined Binance “a few months ago” […]
Jesse Powell is Stepping Down as CEO of Kraken

Jesse Powel has stepped down from his position as the Chief executive officer of the company and lsince Ripley took over as COO. In addition, Kraken completed more than 16 acquisitions and obtained a sizable number of international regulatory licenses and collaborations under his leadership. Kraken, a cryptocurrency exchange, announced in a news release that […]