"We are certainly on track though $10 billion dollars is a low valuation," said Powell. "I wouldn't be interested in issuing shares at that price."
"Stop f**king up your bulls**t DeFi scams and expecting exchanges to bail you out," Powell said.
Crypto exchange Kraken is seeking investment from select clients with a minimum $100,000 buy-in.
Jesse Powell and Erik Voorhees delivered red-meat rhetoric but also made subtler points about New York's cryptocurrency regulations at Consensus 2018.
Kraken has been selected to oversee the distribution of Mt Gox's remaining assets and investigate its missing bitcoins.
Ripple CEO Chris Larsen has committed to donate large portion of the digital currency he owns to the underbanked.
The bitcoin exchange's CEO tells CoinDesk about the challenges posed by banking and regulation in the US.
The CEOs of Kraken and BTC China emphasized the need for building consumer trust today at CoinSummit.
Kraken announced a new Series A funding round on Tuesday led by Hummingbird Ventures.
The event, held downtown San Francisco, was in conjunction with DeveloperWeek, and draws thousands of professional application developers.