The Daily Hodl
2022-12-12 20:55:12

Kraken Founder Jesse Powell Says Binance Has ‘Big Red Flag’, Criticizes Recent Proof-of-Reserves Report

Kraken founder Jesse Powell is criticizing Binance’s proof-of-reserves report as increased scrutiny of the finances of crypto exchanges circulates through the industry. Responding to former U.S. Securities and Exchange Commissions (SEC) employee John Reed Stark on Twitter, Kraken founder Jesse Powell explains why he sees some red flags in Binance’s recently published proof-of-reserves report. “Big red The post Kraken Founder Jesse Powell Says Binance Has ‘Big Red Flag’, Criticizes Recent Proof-of-Reserves Report appeared first on The Daily Hodl .

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