Kraken Co-CEO Admits Monero Checks Went Too Far, XMR Stays Listed
Photo: The Coin Republic
Key Insights: Kraken co-CEO Arjun Sethi admitted that questions about Monero withdrawals went beyond justified compliance checks. Kraken withdrew the disputed requests and told affected XMR customers they no longer had to respond. Monero remains listed in supported markets, although existing deposit and withdrawal restrictions remain. Kraken co-CEO Arjun Sethi withdrew controversial Monero withdrawal questionnaires on Oct. 24. He acknowledged that no rule required the disputed requests and reaffirmed support for XMR. The reversal followed criticism over emails seeking sensitive financial information from Monero customers. Sethi said Kraken had withdrawn the requests and informed affected users.
Source: The Coin Republic
