Japan came Kraken down on Tether

Japan came Kraken down on Tether
on March 2, 2018

Seven score and three years ago Kraken launched in Japan. And just about 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.


We posted this under Humor, because we just couldn’t place it anywhere else. But seriously, by all indications, Tether is a crash waiting to happen. We hope to be proven wrong.


U.S. Air Force photo by Master Sgt. Jason W. Edwards