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2021-02-23 14:41:00

‘Extreme Selling’ Caused Kraken Ethereum Flash Crash - CEO

Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx“Extreme” ethereum (ETH) selling caused yesterday’s flash crash to USD 700 on Kraken, according to Jesse Powell, CEO and Co-founder of the crypto exchange giant.The CEO was speaking to Bloomberg TV, and claimed that his firm was “in the process of investigating” the incident.However, Powell claimed,“There

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