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Kraken against disclosing info to NY Attorney General

18 April 2018 21:00, UTC

The digital currency Kraken CEO has denied the right of the New York state Attorney General Eric T. Schneiderman to interfere with the business of his organization. This has been reported by several trustworthy Internet publications.

He deems the demand to answer 34 questions in two weeks absolutely unacceptable and simply disrespectful for the whole business sphere. Jesse Powell reminded about how Kraken left this state several years ago in order not to play along with the strange rules of getting a license to conduct cryptocurrency activities or BitLicense.

Indirectly confirming Bitnewstoday’s speculations about the true level of respect towards the inquiry of the American officials, Jesse Powell has stated that someone should have said it as it is without any feigned reverence. In conclusion, he asked the state authorities if they want to check somebody who, unlike Kraken, actually works in their jurisdiction.

The spokesperson of the Attorney General’s office has already responded to this démarche by saying that all this was being done for the financial safety of regular citizens and nothing seriously difficult had been requested.

Image courtesy of Clarissa Greene / Facebook