Kraken Co-Founder Jesse Powell Sues SF Co-op, Alleges Discrimination
- Jesse Powell, co-founder of Kraken, has sued a high-end apartment building’s co-op.
- Powell’s lawsuit alleges that the co-op board denied his bid without offering a legitimate explanation.
- Powell names venture capitalist Bruce Golden as the key figure behind the rejection.
The co-founder of leading cryptocurrency exchange Kraken, Jesse Powell, took to X (formerly Twitter) to announce a lawsuit that he has filed against a high-end apartment building’s co-op in San Francisco. The plaintiff claims that his bid to purchase a unit was blocked due to his ties to the crypto industry and his political ties.
The lawsuit filed on February 5, 2025, in San Francisco’s Superior Court, accuses the board of the 2500 Steiner Street co-op of discrimination and wrongful denial of housing. According to Powell’s legal team, the co-op refused to approve his purchase of a unit in the building without providing a clear or legitimate reason for its decision.
Related: FBI Searches Home of Kraken Founder Jesse Powell in Cyberstalking Case
Allegations of Political Discrimination
The legal team that filed the lawsuit stated in a legal document that Powell’s attempt to pur…
The post Kraken Co-Founder Jesse Powell Sues SF Co-op, Alleges Discrimination appeared first on Coin Edition.
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Kraken Co-Founder Jesse Powell Sues SF Co-op, Alleges Discrimination
- Jesse Powell, co-founder of Kraken, has sued a high-end apartment building’s co-op.
- Powell’s lawsuit alleges that the co-op board denied his bid without offering a legitimate explanation.
- Powell names venture capitalist Bruce Golden as the key figure behind the rejection.
The co-founder of leading cryptocurrency exchange Kraken, Jesse Powell, took to X (formerly Twitter) to announce a lawsuit that he has filed against a high-end apartment building’s co-op in San Francisco. The plaintiff claims that his bid to purchase a unit was blocked due to his ties to the crypto industry and his political ties.
The lawsuit filed on February 5, 2025, in San Francisco’s Superior Court, accuses the board of the 2500 Steiner Street co-op of discrimination and wrongful denial of housing. According to Powell’s legal team, the co-op refused to approve his purchase of a unit in the building without providing a clear or legitimate reason for its decision.
Related: FBI Searches Home of Kraken Founder Jesse Powell in Cyberstalking Case
Allegations of Political Discrimination
The legal team that filed the lawsuit stated in a legal document that Powell’s attempt to pur…
The post Kraken Co-Founder Jesse Powell Sues SF Co-op, Alleges Discrimination appeared first on Coin Edition.
Read More
Why Bitcoin Breaking $85,000 Right Now Looks So Familiar to Analysts