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"Refusal to Purchase Housing Due to Coin Business"... Jesse Powell Sues Apartment Board

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YM Lee
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  • Jesse Powell reported that he sued the apartment board after being refused a purchase due to his involvement in the virtual asset business.
  • In the lawsuit, Powell stated he was discriminated against due to an FBI search and his ideologies.
  • He claimed there is a bias against the virtual asset industry in high-end apartment complexes.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Image=salarko/Shutterstock
Image=salarko/Shutterstock

Jesse Powell, the founder of the virtual asset (cryptocurrency) exchange Kraken, has sued the board of a high-end apartment building in San Francisco.

According to a report by Cointelegraph on the 6th (local time), Jesse Powell's attorneys claimed that "the 2500 Steiner Street board refused to allow Powell to purchase an apartment because he is involved in the virtual asset business."

The lawsuit states that Powell was discriminated against because △ his home was searched by the FBI in early 2023 △ he supported conservative ideologies △ he is engaged in the virtual asset industry.

Jesse Powell emphasized on his X account that "virtual assets are an industry despised by members of high-end apartment complexes," and that "I am fed up with the arrogant and elitist prejudice that discriminates illegally."

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