Kraken co-founder slams ‘decel’ SEC, warns others should flee US
Cointelegraph
Published Nov 21, 2023 12:57AM ET
Updated Nov 21, 2023 02:40AM ET
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.
In a Nov. 21 post to X (formerly Twitter), Powell called the regulator “USA’s top decel” — a term used in tech circles to insult someone who slows progress — and claimed the SEC wasn’t satisfied with the $30 million it levied from Kraken as a settlement in February.
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Written By: Cointelegraph
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