As the public opinion of former crypto hotshot Sam Bankman-Fried continues to wane, criticism aimed at him and his business is only growing fiercer.
Jesse Powell, Kraken’s current CEO, who will be stepping down shortly, already criticized Sam Bankman-Fried for his attitude and hubris. According to Powell, SBF acted like he knew everything despite being late to the party and spent far too much money currying political favor.
Although Powell will be retiring from the position shortly, he will remain with the company and focus on crypto advocacy and more. His replacement, David Ripley, is the current COO of the company and is often credited with the mass growth of Kraken over the past few years.
Thieves, Not Frauds
In a recent interview with Fortune, Ripley took aim at FTX, naming them thieves and dismissing rumors that Kraken had been in talks with FTX regarding a potential acquisition.
“I think what it boils down to from all the information we have [and] this bankruptcy report that
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