The crypto winter has feelings operating excessive. Kraken CEO Jesse Powell got here underneath hearth for his protection of itemizing the brand new LUNA, also called LUNA 2.0, which seeks to convey the unique LUNA — now often known as Luna Basic (LUNC) — and TerraUSD — now often known as TerraUSD Basic (USTC) — again from the lifeless.

Revered names within the crypto trade akin to Nic Carter of Fort Ventures spoke out towards the choice, whereas in a separate tweet thread, Powell lashed out at short-seller Jim Chanos, who had constructed a big quick towards Coinbase (NASDAQ:), Kraken’s greatest competitor.