Kraken users demand refunds over flash-crash liquidations By Cointelegraph

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Kraken users demand refunds over flash-crash liquidations

Kraken users are demanding compensation after violent flash crashes localized to the exchange resulted in leveraged trades being liquidated amid the sharp retracements recorded across the crypto markets on Feb. 22.

Feb. 22 saw the single largest daily candle in the history of both and by linear value, with BTC dropping around $9,500 from $57,500, while ETH plummeted by $400 from $1,940 within the span of 24 hours on Coinbase.