Kraken CEO Criticizes Sanctions Against Tornado Cash

Kraken CEO Criticizes Sanctions Against Tornado Cash


Coinnounce
2022-08-17 13:01:54

Jesse Powell, CEO of cryptocurrency exchange Kraken, criticized the government’s sanctions against Tornado Cash, calling it a “hurried” response. In an August 16 interview with Bloomberg Technology, Powell said the regulatory sanctions were not well thought out, adding that it was a “blind response” to protect investors after the Terra (LUNA) crash. According to Powell, […]