PowerTrade changed Kraken’s positive balance of around $7 million to a $2 million deficit via a series of unauthorized “corrections” related to trades that had expired or settled months earlier, according to a legal filing. Kraken parent company Payward filed an application with a U.S. federal court to obtain discovery from various U.S.-based financial institutions about PowerTrade and its co-founders. "The discovery we seek will help Payward identify additional assets to freeze and ensure that…
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