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Kraken Refuses To Respond To Inquiries From New York Regulators

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April 23, 2018 | 

1076 Views | 

Joanna Newman | 

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On Monday, New York Attorney General Eric Schneiderman announced a clarification mission on the rules and practices of cryptocurrency trading platforms and investment platforms in ICOs.
In this perspective, the prosecutor sent a letter and a questionnaire to some cryptographic money sites.

However, one of the targeted platforms, including Kraken, plans to dodge these demands and not cooperate with the regulators. Indeed, this firm has already fled New York in 2015 following the introduction of BitLicense.

This gives him the opportunity to do without this request. Indeed, Kraken CEO Jesse Powell has made it clear that he has now realized that his company made the best decision when it left New York three years ago.


Questions that turn out to be difficult to answer


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Some platforms have agreed to cooperate









Most users approve New York Attorney General's initiative




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