Kraken Parent Accuses Etana of $25M Fund Misuse

TLDR Kraken’s parent company, Payward Inc., accused Etana Custody of misappropriating $25 million in client funds. The company filed the allegations in the U.S. District Court in Colorado. Kraken stated that Etana failed to return $25 million when it requested the funds. The filing claimed that Etana and CEO Dion Brandon Russell operated a Ponzi-like [...]

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