BTC$60,371.00+2.23%ETH$1,583.61+1.84%USDT$0.998607+0.01%BNB$565.72+2.67%USDC$0.999727+0.00%XRP$1.04+1.09%SOL$71.77+8.99%TRX$0.319853-0.90%FIGR_HELOC$1.03+0.51%HYPE$64.66+5.70%DOGE$0.074849+2.78%RAIN$0.015717-0.29%USDS$0.999578-0.00%LEO$9.28-0.66%

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Kraken Sues Crypto Derivatives Firm PowerTrade Over Alleged $9 Million Fund Misappropriation

Kraken has sued crypto derivatives firm PowerTrade, alleging its $7 million positive balance was turned into a $2 million deficit via unauthorized "corrections."

Jun 25, 2026