Kraken to Assist in Search for Missing Mt Gox Bitcoins
Kraken has been selected to oversee the distribution of Mt Gox's remaining assets and investigate its missing bitcoins.
In 2011, Jesse Powell stored digital assets for online gamers. Now, his crypto exchange has created a bank for which he helped develop the rules.
"Stop f**king up your bulls**t DeFi scams and expecting exchanges to bail you out," Powell said.
"We are certainly on track, though $10 billion dollars is a low valuation," said Powell. "I wouldn't be interested in issuing shares at that price."
Crypto exchange Kraken is seeking investment from select clients with a minimum $100,000 buy-in.
Jesse Powell and Erik Voorhees delivered red-meat rhetoric but also made subtler points about New York's cryptocurrency regulations at Consensus 2018.