Kraken accuses New York AG office of market manipulation via futures

In a brilliant and troll countermove, Kraken has accused the New York AG office employees of market manipulation via futures markets for trying to tank the market by releasing their scathing report of cryptocurrency exchanges a day before the CBOE bitcoin futures contracts are due to mature as a way to profit off the negative sentiment. Of course, this accusation was made in jest, but it does point out the issue with the NY AG’s assessment of the major exchanges. Kraken once again iterated that it left New York three years ago and has no plans to cooperate with the demands because they did not operate there anymore.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s