Kraken CEO and co-founder Jesse made headlines recently for his strongly-worded response to the New York Attorney General’s request for information on the Kraken exchange, the largest bitcoin exchange based on euro volume in the world.
The NYAG sent out a statement insisting that exchanges be more transparent and issued 13 exchanges a 34 point questionnaire with a 2 week deadline for return. Kraken was one of those exchanges.
Powell fired back at the NYAG calling the questionnaire insulting and stated that the startup company could not address all 34 points without diverting resources needed to fulfill their promises to customers to meet their roadmap goals on time. He refused to answer the questionnaire, suggesting that the US government make an appointment and send officials to San Francisco in person if they wanted to learn more about his business.
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