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Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim

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Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim

PowerTrade changed Kraken’s positive balance of around $7 million to a $2 million deficit via a series of unauthorized “corrections” related to trades that had expired or settled months earlier, according to a legal filing.

Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim


Source:CoinDesk

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Sourcehttps://www.coindesk.com/policy/2026/06/25/kraken-sues-crypto-derivatives-firm-powertrade-over-misappropriated-funds-claim