New York Attorney General Demands Info From Exchanges: Kraken Says NOPE / ETH Inflation To Drop 90%

in crypto-news •  6 years ago 

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►Kraken Will No Comply With Requests From New York Attorney General - https://www.cnbc.com/2018/04/19/kraken-cryptocurrency-exchange-says-it-will-not-comply-with-new-york-inquiry.html

►Ethereum (ETH) Inflation Rate Could Drop By 90% - https://www.trustnodes.com/2018/03/22/ethereum-slash-inflation-90-just-0-5-year-says-buterin


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So much thanks, Omar!
Really dig the shorter, more specific, bite size posts.
Love your positive approach, you've always made crypto so much fun1
Peace

The New York Attorney General sent 13 major cryptocurrency exchanges a list of 34 question this week.
"The resource diversion for this production is massive. This is going to completely blow up our roadmap!" Kraken co-founder and CEO Jesse Powell said in a statement.CNBC contacted several other exchanges including Coinbase, Gemini Trust, bitFlyer USA and four others who all said they would provide the information.
By-Forexlive

Nice to watch the amazing video. I admire your ability about cryptocurrency. Have a wonderful day Omar!

Amazing video. Pleased to follow the great information and the latest news about cryptocurency. What an amazing ability, Omar!

Great news about cryptocurrency.
You always provide an update about crypto, ethereum and EOS

Thanks for sharing @crypto

follo your chanel on youtube yhanks for sharing

"Release The Kraken!"

Capture+_2018-04-19-17-25-48.png

You NOT going to CRACK thee KRAKEN!


As Omar would say...

"Stay Cryptic...PEACE!"

After a quick review of the questions, I've determined they are not unreasonable, nor would it take most exchanges a great deal of effort to comply; Kraken is obviously attempting to hide their activities (they have also recently stopped operations in Japan); and the questions (if answered truthfully, or untruthfully) would implicate them in the future. Yes the market will decide, and that decision may be a large sell off of Kraken assets.

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin8268.810$1.01%4.79%
EOSEOS9.593$5.61%6.89%
ETHEthereum561.778$5.48%13.36%
NANONano6.817$5.81%14.34%