A former trading desk manager at Kraken is suing the exchange for failing to pay out bonuses related to record trading fees earnings, reported Bloomberg. Jonathan Silverman was hired in 2017 to manage the accounts of institutional investors and oversee the trading desk in New York, for a salary of $150,000.
Silverman has opened a lawsuit for failing to receive a commission of 10% on sales, as well as other bonuses promised orally when he took over the position. During boom times, the Kraken exchange saw more than $19 million in quarterly profits, Silverman alleges, while failing to pay out bonuses based on th...