Jesse Powell Resigns As CEO Of Kraken

Deep Gautam
Tech Heralds
Published in
Sep 26, 2022

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Jesse Powell, the outrageous crypto advocate, revealed that he is giving up his CEO position of Kraken. Powell established Kraken in 2011 and was an early supporter of bitcoin (BTC).

He has been at the heart of various disputes that are linked to the firm. Powell’s comments in June, in which he slammed a group of “woke activists” working for the firm and advised disgruntled workers to leave, sparked a social and political controversy that destabilized the cryptocurrency sector.

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Deep Gautam
Tech Heralds

Deep Gautam is an author and entrepreneurship advocate, driving business growth and innovation.