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Kraken parent company Payward seeks investigation into PowerTrade and its co-founder's financial information

2026-06-25 14:01

Odaily Odaily reported that Kraken's parent company Payward has filed a request with the U.S. federal court, seeking evidence disclosure from multiple U.S. financial institutions related to crypto derivatives company PowerTrade and its co-founders. Kraken stated in the announcement that the requested evidence disclosure will help Payward identify additional assets that can be frozen, ensuring that relevant parties such as PowerTrade cannot continue to cause harm to other industry participants. (CoinDesk)