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Kraken Sees Law Enforcement Information Requests Increase 49% In 2019

Roland James

Summary: Kraken, the cryptocurrency exchange, has Stated that the cost of responding to law enforcement requests for user data is rapidly increasing from year to year. The firm posted a tweet on Tuesday with an infographic teasing its new 2019 Transparency Report. The report showed that Kraken had received 710 information requests in total, which is ...

Kraken, the cryptocurrency exchange, has Stated that the cost of responding to law enforcement requests for user data is rapidly increasing from year to year.

The firm posted a tweet on Tuesday with an infographic teasing its new 2019 Transparency Report. The report showed that Kraken had received 710 information requests in total, which is a 49% increase from 2018. Last year, the exchange received only 475 requests and a mere 160 in 2017.

By Roland James

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