{"id":59842,"date":"2022-04-08T15:43:36","date_gmt":"2022-04-08T12:43:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59842"},"modified":"2025-09-05T00:09:04","modified_gmt":"2025-09-04T21:09:04","slug":"kraken-closes-san-francisco-office-amid-rising-crime","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kraken-closes-san-francisco-office-amid-rising-crime\/","title":{"rendered":"Kraken closes San Francisco office amid rising crime"},"content":{"rendered":"<p>The cryptocurrency exchange Kraken has closed its San Francisco headquarters amid a rising crime wave. A screenshot of the CEO Jesse Powell&#8217;s statement was published by political commentator Richie Greenberg.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: KRAKEN CEO Jesse Powell <a href=\"https:\/\/twitter.com\/jespow?ref_src=twsrc%5Etfw\">@jespow<\/a> today issued a statement regarding rampant crime in San Francisco and the failures of DA <a href=\"https:\/\/twitter.com\/chesaboudin?ref_src=twsrc%5Etfw\">@chesaboudin<\/a> . <a href=\"https:\/\/t.co\/7gx7PldQM0\">pic.twitter.com\/7gx7PldQM0<\/a><\/p>\n<p>\u2014 Richie Greenberg (@richieSF2016) <a href=\"https:\/\/twitter.com\/richieSF2016\/status\/1511871772467302400?ref_src=twsrc%5Etfw\">April 7, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Powell retweeted the journalist&#8217;s post but offered no comment. According to the statement, the office on Market Street, 548, in downtown San Francisco.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abWe have closed Kraken&#8217;s global headquarters [\u2026] after numerous employees were subjected to assaults, harassment and robberies on their way to and from work\u00bb, \u2014 the statement says.<\/p>\n<\/blockquote>\n<p>The head of the exchange also criticised the district attorney&#8217;s office policy. Powell&#8217;s displeasure was shared by Twitter users.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">I worked at Market St for few months, it is crazy, it turns into skid row after 6pm. I&#8217;m from Europe and never seen anything like it. Still have flashbacks of the things I witnessed. Just tried to look away and not get stabbed. Remember walking in the smell of skunk and pee.<\/p>\n<p>\u2014 Markus (@markustallinn) <a href=\"https:\/\/twitter.com\/markustallinn\/status\/1512119755565670405?ref_src=twsrc%5Etfw\">April 7, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abI worked at Market Street for a few months, it\u2019s crazy; after 6 p.m. it turns into skid row. I\u2019m from Europe and have never seen anything like it. I still have memories of what I witnessed. I just tried to look away and not get stabbed\u00bb, \u2014 one user commented.<\/p>\n<\/blockquote>\n<p>As reasons for the crime surge, members of the r\/CryptoCurrency <a href=\"https:\/\/www.reddit.com\/r\/CryptoCurrency\/comments\/tyg33o\/kraken_shut_down_their_global_headquarters_in_sf\/\">named<\/a> the high cost of housing \u2014 the average rent runs about $3,000. According to <a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/How-many-homeless-people-are-in-S-F-A-night-16944970.php\">San Francisco Chronicle<\/a>, the city has more than 18,000 homeless people.<\/p>\n<p>Recall that in May 2021 the bitcoin exchange<a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-to-close-san-francisco-hq-as-it-moves-to-a-remote-first-model\"> Coinbase <\/a> announced the closure of its headquarters in San Francisco. The company said the move was to become a firm that operates primarily remotely.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Kraken has closed its San Francisco headquarters amid a rising crime wave. A screenshot of the CEO Jesse Powell&#8217;s statement was published by political commentator Richie Greenberg.<\/p>\n","protected":false},"author":1,"featured_media":59843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[193,26],"class_list":["post-59842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kraken","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=59842"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59842\/revisions"}],"predecessor-version":[{"id":59844,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59842\/revisions\/59844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/59843"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=59842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=59842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=59842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}