CryptoCoinDeskabout 4 hours ago
Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim
1 min read
Kraken parent Payward filed a U.S. federal court application against UAE-based derivatives platform PowerTrade, alleging its founders misappropriated $7.2 million in digital assets and unrealized gains. Payward seeks discovery from U.S. financial institutions to identify assets to freeze and recover the funds.
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