Japan has Kraken down on Tether

Seven score and three years ago Kraken launched in Japan. And just two days ago Japanese authorities shut down Kraken's JPY accounts.

What happened?

Tether happened.

Here is a screenshot posted by Dog Bunny on Reddit:

Some experts had warned Kraken before. Perhaps if they'd listened, they'd be saying arigato instead of sayonara.

Posted under Humor since we couldn't place it anywhere else.

Seriously, by all indications, Tether is a crash waiting to happen.

2020 Update

Tether hasn't crashed.


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Published by Crypto Bill - Bill is a writer, geek, crypto-curious polyheurist, a dog's best friend and coffee addict. Information security expert, encryption software with interests in P2P networking, decentralized applications (dApps), smart contracts and crypto based payment solutions. Learn More About Us