Cryptocurrencies

Crypto Exchange Kraken Likens NY to a 'Controlling Ex'

Photographer: Andrey Rudakov/Bloomberg
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New York’s attorney general isn’t happy with popular cryptocurrency exchange Kraken. The feeling is mutual.

The state’s legal chief said Tuesday that the San Francisco-based firm and two other digital-coin marketplaces may be operating illegally in New York. Kraken Chief Executive Officer Jesse Powell, known for his candid remarks on the internet, took to Twitter to express his displeasure.