Jesse Powell, the former CEO of Kraken, had his home searched by the FBI in March as part of an investigation into allegations that he hacked and cyber-stalked a nonprofit arts group. The investigation has been ongoing since at least last fall. The nonprofit claimed that Powell interfered with its computer accounts, including blocking access to emails and other messages.

July 4 (Cointime) - Enforcement actions by the SEC against Ripple, Binance, and Coinbase have negatively impacted the liquidity of other crypto exchanges. The CEX landscape has already faced challenges, and a new report shows a slow recovery in liquidity during Q2.

July 4 (Cointime) - Kraken, a US-based cryptocurrency exchange, has been ordered by a federal judge to hand over trading information of users who have made transactions worth $20,000 or more to the Internal Revenue Service (IRS). The IRS is investigating US taxpayers who have used cryptocurrency to ensure they have complied with internal revenue laws.

July 1 (Cointime) - Kraken, a top cryptocurrency exchange in the US, has been ordered by a US Magistrate Court to provide the personal information of its users to the Internal Revenue Service (IRS) as part of the agency's investigation of underreported tax. The court ruling would require Kraken to provide information on all accounts that traded at least $20,000 in cryptocurrencies between 2016 and 2020, including users' names, taxpayer identification numbers, phone numbers, emails, addresses, and other transactional information. While the court rejected the IRS demand for information on anti-money laundering investigations and other details in Kraken's due diligence questionnaires, the decision highlights the government's efforts to close all loopholes that could result in low taxes for crypto investors.

June 27 (Cointime) -Wintermute Trading received 10 million BLUR (approximately $4.2 million) from a Coinbase custody wallet and deposited it into Kraken about 12 hours ago, as monitored by Look On Chain.

June 26 (Cointime) -An address that received 50,000 ETH from an Ether ICO participating address in 2017 and has been dormant for 6 years moved $7998 $ETH ($15.18M) 6 hours ago, according to on-chain analyst Yu Ashes. This address received 50k ETH on 2017/3/10 and then moved 36k ETH into #Kraken between 2017/5/30-6/14 for a possible average sale price of $255.

June 21 (Cointime) - In the past seven days, a whale with the address 0x2c7459476cab01eff53f883716afd62d1dc0cc31 has withdrawn a total of 24,930 ETH (worth approximately $44.6 million) from Kraken, a popular cryptocurrency exchange. The most recent withdrawal of 1,269 ETH (worth approximately $2.3 million) occurred nine hours ago.

June 21 (Cointime) - The US crypto exchange market is experiencing significant changes as Binance.US's market share has plummeted to just 1%. Meanwhile, Coinbase's market share has also declined, dropping to 50% since the start of 2023. Other exchanges, such as LMAX, Bitstamp, and Kraken, have made notable gains in the market.

Kraken, a cryptocurrency exchange, has officially launched its NFT marketplace after beta testing, offering support for over 250 NFTs across Ethereum, Solana, and Polygon blockchains.

Kraken, a major cryptocurrency exchange, experienced delays in deposit and withdrawal processes due to difficulties with several cryptocurrency funding gateways, including Bitcoin, Ether, and ERC-20 token. The platform acknowledged investigating the issue and provided updates on their efforts to resolve it, but did not disclose the root cause of the delays.