New York Attorney General Eric T. Schneiderman issued “Virtual Markets Integrity Initiative,” to 13 cryptocurrency exchanges requesting disclosures on their operations use of bots, conflicts of interest, outages, and other key issues, as a measure to protect consumers. However, Jesse Powell, the co-Founder and CEO of Kraken exchange refused to give out any information: “When I saw this 34-point demand, with a deadline 2 weeks out, I immediately thought ‘The audacity of these guys — the entitlement, the disrespect for our business, our time!’” he responded. Most of the other exchanges on the list expressed their willingness to assist the authorities.