Kraken Withdraws Monero Inquiry Emails After Co-CEO Criticism, Keeps XMR Listed

Kraken withdraws customer inquiry emails after criticism from co-CEO Arjun Sethi, who said the exchange should not ask customers how they intend to use Monero (XMR) after withdrawing it. The Kraken Monero dispute centers on customer privacy, financial compliance checks, and the limits of exchange oversight after cryptocurrency leaves a platform. In a post on X on October 23, Sethi said customers who purchased Monero with their own money received emails requesting details about their employer, source of funds, and intended use of the coins.

Also reported by The Defiant, Blockchain Reporter.

Source: TronWeekly