Crypto Giant Kraken Offers 4 Months' Pay For Employees Who Don't Agree With Its Libertarian Principles To Leave

June 17, 2022

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Kraken, one of the world's largest cryptocurrency exchanges, will pay employees four months' worth of wages to leave if they disagree with its values, according to The New York Times.

In a Wednesday report detailing internal cultural turmoil at the company, the publication cited interviews with Kraken employees who recounted "hurtful" comments around preferred pronouns and demeaning statements toward women, among other incendiary remarks, made by CEO Jesse Powell.

The employees also said Powell held a companywide meeting on June 1 in which he unveiled the program, called "Jet Ski," designed to incentivize employees to leave if they don't believe in Kraken's crypto-typical libertarian principles, the Times reported. ..

To read more visit Business Insider.

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