This is going to completely blow up our road map! Powell tweeted.
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Some were dismayed at Powells reaction to basic questions.
Powell said he will not fill out the survey because it is hostile to business.
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The survey asked questions about personnel and fraud policies.
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Jesse Powell, the chief executive of Kraken, a San Francisco cryptocurrency exchange, blasted the AGs 34-question survey,saying in a tweet, The placative kowtowing toward this kind of abuse sends the message that its ok. Its not ok. Its insulting.
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Wall Street still nervous about risky pot investments
Legitimate entities generally like to demonstrate to their investors that their money will be protected, Amy Spitalnick, a spokeswoman for the AG, told The Post. This is very basic information that any credible platform should have on hand and be willing to share with their investors.
What I expect it will do is make Kraken an even more obvious target, Justin C. Danilewitz, a partner at Saul Ewing, told The Post.
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The owner of a virtual currency exchange on Thursday hit back atNew York Attorney General Eric Schneidermans attempt to collect regulatory infofrom 13 of the largest exchanges doing business in the state.
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