lydian-logo
bitcoin

Bitcoin (BTC)

Price
$ 68,044.23
ethereum

Ethereum (ETH)

Price
$ 3,785.66
cardano

Cardano (ADA)

Price
$ 0.454101
xrp

XRP (XRP)

Price
$ 0.526759
litecoin

Litecoin (LTC)

Price
$ 83.77
stellar

Stellar (XLM)

Price
$ 0.107549

Kraken CEO Jesse Powell resigns: report

Published on

January 23, 2023
Read Time:1 Minute, 19 Second

Jesse Powell, the co-founder and chief govt officer of cryptocurrency trade Kraken, has reportedly stepped down after greater than 11 years on the platform.

Based on a Wednesday report from Bloomberg, Powell shall be there succeded as CEO to Chief Working Officer Dave Ripley, who has been with Kraken since 2016. The previous CEO will stick with the crypto trade as chairman of the board whereas the corporate searches for a brand new COO over the subsequent few months.

Powell reportedly mentioned his choice to step down was as a consequence of Kraken rising in measurement: "It is simply gotten extra tiring for me, much less enjoyable." He added that he nonetheless plans to be "very concerned with the corporate." keep".

After my neck damage and surgical procedure, I had hassle sleeping soundly. I went to extremes in food plan, meal timing, caffeine discount, and environmental optimization. Nonetheless, I wanted perfection to sleep effectively. It turned out that I solely needed to carry weights half-hour a day. pic.twitter.com/pZcg79E7O5

— Jesse Powell (@jespow) 09/20/2022

Associated: Kraken Receives UAE Crypto Buying and selling License

Because the chief of Kraken since 2011, Powell guided the United States-based trade via the early years of the crypto house. In 2022, he introduced that Kraken could be closing its international headquarters in downtown San Francisco, and criticized "shiny activists" for not being effectively suited to work on the crypto trade.

Cointelegraph reached out to Kraken however acquired no response on the time of publication. This story is evolving and up to date.

Source link

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : January 23, 2023
Top crossmenumenu-circle