Payward claims $25 million crypto custody fraud in lawsuit against Etana and its CEO.
Payward, which operates the cryptocurrency exchange Kraken, has accused former custody partner Etana and its CEO, Dion Brandon Russell, of misappropriating over $25 million in customer funds. This allegation comes from a second amended complaint lodged Monday in U.S. District Court in Colorado. Kraken claims that Etana Custody, currently undergoing a court-supervised liquidation in Colorado, […]