Kraken Exchange says US subpoenas a "barrier to entry"

The firm received a total of 475 subpoenas in 2018 compared to 160 in 2017, with the majority (315) coming from U.S. agencies. The U.K. came in second with 61 requests and Germany third with 34.

Subpoenas from all of the usual suspects:. FBI, Homeland Security, SEC, DEA and CTFC.

It’s a bit crazy how Kraken says many of the supoenas are over-reavhing in the datat requests when only the last withdrawal transactions would have been enough. The fact that many requests yield no matches at all is very interesting and perhaps somewhat alarming.