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Kraken Parent Payward Sues PowerTrade Over Alleged $7.2M Crypto Asset Misuse

Kraken
International Business Times Fews App News Provider
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Arjun Sethi, co-CEO of Kraken and Payward, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 14, 2026. Getty Images Payward, the parent company of cryptocurrency exchange Kraken, has filed a lawsuit against crypto derivatives platform PowerTrade, alleging that about $7. 2 million in digital assets and trading gains were improperly removed through disputed account corrections and retroactive trade cancellations, according to court filing detailsThe complaint filed in a U.

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