New York Attorney General Warns That Kraken Cryptocurrency Exchange Could Be Breaking Th…

In the latest escalation of an ongoing war of words, the New York State attorney general warned that the Kraken cryptocurrency exchange might be breaking the law.

In a lengthy report on the “integrity” of global cryptocurrency exchanges, newly appointed attorney general Barbara Underwood listed San Francisco-based Kraken among multiple exchanges that might be operating “unlawfully.”

However, following an impassioned and very public refusal by Kraken’s CEO to participate in the report, the warning appears to be based as much on lack of access as any legitimate concern.

From the report:

“Customers should be aware that the platforms that refused to participate in the OAG’s Initiative (Binance, Gate.io, Huobi, and Kraken) may not disclose all order types offered to certain traders, some of which could preference those traders at the expense of others, and that the trading performance of…