Crackon’s co-founder Jessie Powell is accusing a San Francisco cum-up that he is denying purchasing his unit based on discrimination for his relationship with cryptocurrency and political inclination.
according to a trial Powered by Powell’s legal team on 5 February, Powell violated San Francisco Co-OP, twenty-five hundred Steiner Street Inc., violated the Fair Employment Housing Act of California and the UNRUH Act of California when she refused her dialect, He refused to buy an apartment unit.
Crackon shared shared details about the case on her X Account On 6 February, claiming that he tried to avoid filing a case, but decided to move forward with it.
“Clearly, I am fed up with kind, elite classes, I am illegally discriminating against me,” Powell said Post,
The lawsuit claims that co-up “never gave a direct reply to Mr. Powell to its refusal, instead only offered obfuscation and shifting prescriptions only to obstruct and eventually deny sale.”
Powell alleged that co-up members blocked his purchase due to his participation in the Crypto industry and his conservative inclination. The trial also alleged that the FBI investigation at its home in 2023 also contributed to denying their sales.
“Traditional political power brokers see Cryptocurrency as a threat to their monetary policy, afraid how it can empower normal individuals, and see Cryptocurrency as a speculative and unstable property below,” Powell’s legal team wrote in the filing.
Powell is a famous person in the Crypto region for the exchange of crypto in the field of crypto, the co-founder of Crypto Exchange Crackon. After SEC ordered the shutdown of SEC in 2023, Crackon recently resumed its platform in the United States.
Although Powell is not associated with any political party, in June 2024 he donated an amount of $ 1 million to Donald Trump’s President’s campaign. On the other hand, the trial claims that the apartment wanted to buy the building pole, known as “a stronghold of San Francisco Power Democrat”, due to its democrats of many of its inhabitants.
The lawsuit specifically spotlite Bruce Golden, a partner of Venture Capital firm Excel. Powell alleged that Golden, who claims the lawsuit, is a major donor for Democratic organizations, “made it his personal mission to refuse sales.”
Crackon’s co-founder initially made a bid for the San Francisco unit in September 2024, which led to approval from 11 co-opin non-select members and nine from the board. However, in October 2024, Powell’s purchase was blocked by the board, cited by financial concerns and their failure to provide signed tax returns.
Powell argued that a signed tax return was ever mentioned as a requirement and the board had never formally requested. They ended to submit the required documents, but the sale was already rejected by boards and non-selectors in late November.
Powell’s suit eventually tells the court to allow him to complete the sale of the apartment unit and give him a loss, interest and additional relief prize.
