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Kraken CEO Steps Down [ Crypto Espresso 09.22.22 ]


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• Whiplash in Crypto Markets After Fed Increases Interest Rates By Another 0.75 Percentage Points

CoinMarketCap data shows the world’s biggest cryptocurrency rallied to $19,500 in the minutes before the new interest rate was confirmed. Within 20 minutes, it then crashed to $18,975.

https://coinmarketcap.com/alexandria/article/whiplash-in-crypto-markets-after-fed-increases-interest-rates-by-another-0-75-percentage-points


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• After 11 Years, Jesse Powell is Stepping Down as Kraken’s CEO

All of this comes at a turbulent time for the crypto world, with fears that the bear market will worsen as the Fed continues to ratchet up interest rates.

https://coinmarketcap.com/alexandria/article/after-11-years-jesse-powell-is-stepping-down-as-kraken-s-ceo

• Bankrupt ‘Crypto King’ with 11 Supercars Allegedly Owes $35M to Investors… But Just $2M Recovered

Aiden Pleterski reportedly led a lavish lifestyle — and as well as owning 11 premium cars, he rented a plush waterfront home for $45,000 a month.

https://coinmarketcap.com/alexandria/article/bankrupt-crypto-king-with-11-supercars-allegedly-owes-35m-to-investors-but-just-2m-recovered

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