Viewing profile — KrakenEng

I'm not surprised. I have colleagues who worked there and they have a very toxic work culture.

Kraken's response was > The SEC alleges that Kraken “commingled” its own funds with its clients’. This is a similar allegation already made of other crypto trading platforms. The S…

Kraken's response: https://blog.kraken.com/news/kraken-continues-to-fight-for-i... > The complaint against Kraken alleges no fraud, no market manipulation, no customer losses due t…

Every other exchange that played by the rules and missed out on becoming the #1 exchange. It is easy to win when you cheat.

Employees got 14 weeks severance. They didn't have to do that.

> 1) The anonymous/pseudo anonymous nature of the space is bizarre. I would have multiple voice-only meetings with people using aliases and avatars for all communications. To this …

Binance can create its own volume out of thin air. This would be harder for Coinbase, due to their nature as a public company. The truth is, it's hard to know what is happening ins…

Exchanges aren't banks and shouldn't act like banks. Banks are allowed to take deposits and lend then out, ie they don't need 100% reserves. Exchanges should be required to hold at…

> their unrestricted ability to mint stable coins and use them to manipulate the market as they see fit What stable coins do Coinbase or Kraken mint?

This wasn't just a cut to sales or support staff. 30% of engineering was layed off. I would say QA/QE was decimated, but I'm not sure if anyone was left.

30% of Eng was cut. Multiple engineers on my team were cut. The QA team was basically wiped out. As far as I can tell, all the lawyers are still here.

A large chunk of the 3400 employees are not eng or the like. Most of these people are customer support or customer support adjacent (eg compliance). In this way, Kraken is a little…

This is exactly how I feel. I was heads down getting my work done, when suddenly the CEO plunges the entire company headlong into the culture war. It is counterproductive and bad l…