I would like KRAKEN to explain this Scam ?
Kraken allowed a coin ( XRT ) to launch on its platform at 600$ . .or soon after launch, . .this coin was listed on other Exchanges at 9$ at the time . .the price immediately dropped to 200, then 60 dollars . .more or less in a few hours – I , a regular Kraken Client of 4 years , saw this XRT at 54€ . .and bought 22 . . moments later I see it listed on CoinmarketCap at 9$ . . . NATURALLY I panic and immediately sell – Loss 160€ . .
On contacting Kraken I am met with the usually “not our problem mate – touch luck!” . . . IF Crypto ever hopes to go mainstream, and satisfy regulation, it MUST stamp out this type of gross manipulation of price /Clients . . .for me, this simply equates to criminal fraud . .Kraken makes huge profits – if they can’t be bothered to monitor / evict coins that simply “take-the-piss”/and reimburse Clients, then Clients will say goodbye…
Totally disgusted with Kraken indifference.
