Deutsche Börse Group bets $200M on Kraken | Headlines | News | CoinMarketCap

Since its earliest days, Kraken has hewed more closely to the AnCap libertarian ethos of crypto than just about any other American fintech. San Franciscan Jesse Powell brought the company to life in summer 2011 and by 2013 it presented as an alternative to the friendly AOL style welcome mat of Coinbase.

Now headed by Co-CEOs Dave Ripley and Arjun Sethi, Powell became chairman in 2023 when Powell was subjected to what looks to have been some nasty weaponization of the Justice Department. Powell's home was searched and the feds confiscated his computers, laptops and cellphones, according to the New York Times. The probe officially ended two years later with no charges, though anyone who's endured that experience knows the time, terror and expense of being investigated is plenty...