A former employee of United States-based cryptocurrency exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues.
Per a court document filed on Nov. 26, Nathan Peter Runyon — a marine wartime veteran and ex-employee of Kraken, where he served as a financial analyst under the exchange’s chief financial officer Kaiser Ng — brought the case to court accusing the company and Ng of an array of legal violations and falsifications.