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Kraken’s Father or mother Sues Crypto Custodian Etana over Alleged $25M “Ponzi-Like” Scheme

greater by greater
May 4, 2026
Reading Time: 5 mins read
0
Kraken’s Father or mother Sues Crypto Custodian Etana over Alleged M “Ponzi-Like” Scheme


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Kraken’s mother or father firm, Payward, has filed a lawsuit
accusing crypto custodian Etana and its CEO, Dion Brandon Russell, of
misappropriating greater than $25 million in consumer funds.

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