🌋 Kraken’s Powell Weighs In on Reddit Awards Shutdown!

posted  18 Oct 2023
Photo - Kraken’s Powell Weighs In on Reddit Awards Shutdown!
“I personally don’t see the regulatory problems but I get that it’s complicated and evolving and maybe Reddit doesn’t want the hassle.”

“It shouldn’t just be that Reddit destroys the value of the holdings while offering nothing in return.”

Just a reminder: MOON and BRICK, the tokens affiliated with Reddit, were listed on Kraken this August. They’ve taken quite a hit, dropping by more than half.