Jesse Powell has announced that he's stepping down as CEO of Kraken. 👀
It's a significant milestone for the crypto exchange, which he founded back in 2011.
After news of the sudden departure broke online, Kraken issued a press release to confirm a "leadership succession plan" was in motion. Powell said: Employees told the newspaper that some found his comments to be hurtful and damaging to their mental health. Others said they were looking into quitting — and accused him of cultivating a hateful workplace.
"Remote work question: if you move to a low cost geo which is also high on predictable natural disasters, should you be offered support to navigate the disaster you got caught in, or should you be expected to use the money you saved and own the risk trade you made?"
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