One, Kraken, incurred the OAG’s ire for publicly flouting the state’s inquiry, with CEO Jesse Powell arguing that market manipulation “doesn’t matter to crypto traders.” A five year review of the cryptocurrency exchanges conducted by the New York attorney general ’s office found the exchanges to be vulnerable to market manipulation . The court 's finding reduces the likelihood of ETFs backed by cryptocurrencies being granted regulatory approval in the near future .
A five year review of the cryptocurrency exchanges conducted by the New York attorney general ’s office found the exchanges to be vulnerable to market manipulation . The court 's finding reduces the likelihood of ETFs backed by cryptocurrencies being granted regulatory approval in the near future .