Kraken to Stop SWIFT Support

The company noted clients that SEPA EUR transfers will remain active
01 March 2018   580

The Kraken sent a letter to its customers informing about closing the accounts for in the Japanese bank SMBC. The decision comes into force on March 21.

While this is a disappointing development, we are dedicating further resources to our banking relationships and the implementation of new funding methods. We will reach out to you again when we have further details to share.
 

Kraken Letter

All deposits received on these accounts before March 20, will be processed by the exchange. Starting from March 21, deposits will be returned to the sender's account. The withdrawal of funds through SWIFT in USD, EUR, GBP and JPY will be available until March 27. After that, all funds will be returned to the users' accounts on the exchange.

The exchange does not explain what exactly this decision is caused, and promises to direct efforts to establish new ties with banks, as well as to develop new methods of account refill.

New York Attorney General Quit, Accused by 4 Women

Eric Schneiderman is known in cryptocurrency world as a person that send request to 13 cryptocurrency exchanges
08 May 2018   348

The Attorney General of New York State and the well-known opponent of the Trump Administration, Eric Schneiderman, left his, after The New Yorker reported that he was accused of attacking four women. This writes The New York Times.

It’s been my great honor and privilege to serve as attorney general for the people of the State of New York. In the last several hours, serious allegations, which I strongly contest, have been made against me. While these allegations are unrelated to my professional conduct or the operations of the office, they will effectively prevent me from leading the office’s work at this critical time. I therefore resign my office, effective at the close of business on May 8, 2018.
 

Eric Schneiderman

Ex Attornet General, New York

As reported by The New Yorker, two women said that Schneiderman strangled and beat them from time to time; they had to seek medical help. The third alleged victim reported that he "released her cruel slaps." The fourth shared similar experiences.

All victims were with Schneiderman in a romantic relationship and said that he showed cruelty in their attitude without mutual consent.

In mid-April, Schneiderman sent inquiries to 13 exchanges of cryptocurrencies and asked them to fill out a questionnaire that required information on "operations, the use of trading bots, conflicts of interest, work stops and other key points."

Many exchanges supported the initiative of the prosecutor, and Coinbase even disclosed some of the information in public. At the same time, the Kraken exchange refused to respond to the request, arguing that it was unwilling to support inadequate regulation of the New York-based cryptocurrency area.