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Labor/Employment

Apr. 5, 2024

Withersworldwide secures victory in Kraken's gender pay bias lawsuit

Kraken, a leading cryptocurrency exchange, secured a trial victory in a gender pay discrimination lawsuit. The jury held the plaintiff liable for trade secret theft and breaching his employment agreement.

Kraken cryptocurrency exchange website under magnifying glass. (Shutterstock)

"Death by 1,000 cuts." That's how a Withersworldwide attorney described a trial victory the firm secured on behalf of Kraken, a leading cryptocurrency exchange, in a whistleblower lawsuit by a former employee who claimed to have been fired for raising concerns about alleged gender pay discrimination.

Following a four-week trial in San Francisco County Superior Court, a jury voted 10-2 for a full defense verdict in favor of Payward, Inc., the company behind Kraken. Th...

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