I would like KRAKEN to explain this Scam ?
Kraken allowed a coin (XRT) to launch on its platform at 600$ . .or soon after launch, . .this coin was listed on other Exchanges at 9$ at the time . .the price immediately dropped to 200, then 60 dollars . .more or less in a few hours - I , a regular Kraken Client of 4 years , saw this XRT at 54€ . .and bought 22 . . moments later I see it listed on CoinmarketCap at 9$ . . . NATURALLY I panic and immediately sell - Loss 160€ . .
On contacting Kraken I am met with the usually "not our problem mate - touch luck!" . . . IF Crypto ever hopes to go mainstream, and satisfy regulation, it MUST stamp out this type of gross manipulation of price /Clients . . .for me, this simply equates to criminal fraud . .Kraken makes huge profits - if they can't be bothered to monitor / evict coins that simply "take-the-piss"/and reimburse Clients, then Clients will say goodbye...
Totally disgusted with Kraken indifference.
On contacting Kraken I am met with the usually "not our problem mate - touch luck!" . . . IF Crypto ever hopes to go mainstream, and satisfy regulation, it MUST stamp out this type of gross manipulation of price /Clients . . .for me, this simply equates to criminal fraud . .Kraken makes huge profits - if they can't be bothered to monitor / evict coins that simply "take-the-piss"/and reimburse Clients, then Clients will say goodbye...
Totally disgusted with Kraken indifference.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.