Yugocean
Valued Contributor
Kraken co-founder Jesse Powell has handed over his power to the company's COO David Ripley. This development ia due to US agencies investigating the Company.
It is believed that due to Jesse's bigotry remarks over US sanctions on Russia, Tordano Crash, Iran etc were the reasons which led US agencies started investigation against Kraken.
Almost everyone speaks in defence of crypto action, but Jesse speaks like a fireball. Due to Jesse's language, even Twitter hasnt varified his account. (Even when it is verifying fake accounts)
Although stepping down, Jesse has still kept his shoes in, he is just handing over the responsibility to David Ripley to deal with the problem, while Jesse will hold power in Kraken as Chairman.
It is believed that due to Jesse's bigotry remarks over US sanctions on Russia, Tordano Crash, Iran etc were the reasons which led US agencies started investigation against Kraken.
Almost everyone speaks in defence of crypto action, but Jesse speaks like a fireball. Due to Jesse's language, even Twitter hasnt varified his account. (Even when it is verifying fake accounts)
Although stepping down, Jesse has still kept his shoes in, he is just handing over the responsibility to David Ripley to deal with the problem, while Jesse will hold power in Kraken as Chairman.
A lesson be be learned is, be deplomatic when you have to deal with government, not outspoken. And if there is no chance left, then take middle path, and give a chance to better person to deal with the problem
