‘Extreme Selling’ Caused Kraken Ethereum Flash Crash – CEO

Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx
“Extreme” ethereum (ETH) selling caused yesterday’s flash crash to USD 700 on Kraken, according to Jesse Powell, CEO and Co-founder of the crypto exchange giant.
The CEO was speaking to Bloomberg TV, and claimed that his firm was “in the process of investigating” the incident.
However, Powell claimed,
“There …More

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