Non-paywall link: https://www.nytimes.com/2022/07/26/technology/kraken-crypto-iran.html?unlocked_article_code=AAAAAAAAAAAAAAAACEIPuomT1JKd6J17Vw1cRCfTTMQmqxCdw_

Non-paywall link: https://www.nytimes.com/2022/07/26/technology/kraken-crypto-iran.html?unlocked_article_code=AAAAAAAAAAAAAAAACEIPuomT1JKd6J17Vw1cRCfTTMQmqxCdw_PIxftm3iWka3DKDmwciPgYCIiG_EPKarskZME63DmdAdRbIaczQ7lz1OZZeUxxTg3i6r21pKM4GQRn44SiQjFxmJvXQbEz9TKtZznjcrohlOP64RmPb33tXqeMzSZ3IgZ6qJA0dFD-jCQKlPqRAfc1joclpYopBZ9wTDgEbDDb_KW7TkUjZ6jVK03U-QI0WOpGWD_MntH667MIcQ1aCFmuX2ooqC9nq4saYIVLSf65ex0we8P-gqETA3hoKOqqDp4zR4vWlNZ6oNTLJLm1b11gtTdC2A0jzSY&smid=url-share https://www.nytimes.com/2022/07/26/technology/kraken-crypto-... First few grafs: > Kraken, one of the world’s largest cryptocurrency exchanges, is under federal investigation, suspected of violating U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital tokens, according to five people affiliated with the company or with knowledge of the inquiry. > The Treasury Department’s Office of Foreign Assets Control has been investigating Kraken since 2019 and is expected to impose a fine, said the people, who declined to be identified for fear of retribution from the company. Kraken would be the largest U.S. crypto firm to face an enforcement action from O.F.A.C. Sanctions against Iran, which the United States imposed in 1979, prohibit the export of goods or services to people or entities in the country. > ...In an internal conversation about employee benefits in 2019, Jesse Powell, Kraken’s chief executive, suggested he would consider breaking the law in a wide range of situations if the advantages to the company outweighed potential penalties, according to messages seen by The New York Times. The company has also been dealing with internal conflict over issues including race and gender, which were stoked by Mr. Powell. > Marco Santori, Kraken’s chief legal officer, said the company “does not comment on specific discussions with regulators.” He added, “Kraken closely monitors compliance with sanctions laws and, as a general matter, reports to regulators even potential issues.”