Take a hike, Eric.
The owner of a virtual currency exchange on Thursday hit back at New York Attorney General Eric Schneiderman’s attempt to collect regulatory info from 13 of the largest exchanges doing business in the state.
Jesse Powell, the chief executive of Kraken, a San Francisco cryptocurrency exchange, blasted the AG’s 34-question survey, saying in a tweet, “The placative kowtowing toward this kind of abuse sends the message that it’s ok. It’s not ok. It’s insulting.”
Powell said he will not fill out the survey because it is “hostile to business.”
The survey asked questions about personnel and fraud policies.
“This is going to completely blow up our road map!” Powell tweeted.
Schneiderman was not moved.
“Legitimate entities generally like to demonstrate to their investors that their money will be protected,” Amy Spitalnick, a spokeswoman for the AG, told The Post. “This is very basic information that any credible platform should have on hand and be willing to share with their investors.”
Some were dismayed at Powell’s reaction to basic questions.
“What I expect it will do is make Kraken an even more obvious target,” Justin C. Danilewitz, a partner at Saul Ewing, told The Post.