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Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO
₿Crypto & Web3

Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO

Home/Crypto & Web3/Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO

The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unraveled amid a liquidity crisis.

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Will Canny

📅 May 4, 2026·⏱ 1 min read·CoinDesk ↗
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https://www.coindesk.com/business/2026/05/04/kraken-s-parent-company-payward-alleges-usd25-million-crypto-custody-fraud-in-lawsuit-against-etana-and-firm-s-ceo
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