Dossier
Etana
Coverage of Etana in the Nexus archive.
- Kraken’s parent company alleges custodian Etana misappropriated $25 million
Kraken's parent company has accused Etana of misappropriating $25 million by operating a Ponzi-like enterprise, using capital to fund expenses and risky investments. This alleged scheme resulted in significant financial losses. The accusations highlight a major issue in the financial sector.
- Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO
Payward, Kraken's parent company, has filed a lawsuit against Etana and its CEO alleging $25 million crypto custody fraud. The lawsuit claims that Etana and its CEO were involved in fraudulent activities related to cryptocurrency custody. Payward is seeking damages and compensation for the alleged fraud.