Kraken Denies Shutting Down Rumours and Safety Violations

Home / Kraken Denies Shutting Down Rumours and Safety Violations

A Reddit user claimed that the exchange is shutting down its office in Canada and has fired hundreds of employees for violation of safety rules. However, another user, one of the exchange’s employees wrote that due to a decline in trading activity, the company has asked them to resign under own wish with the payment of a compensation package equal to eight weeks’ earnings, adding that otherwise no one guarantees continued cooperation. Kraken has not issued any official announcement regarding this, but stated that this information is not true.

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