Crackon Chairman and co-founder Jesse Powell Fox News Digital says why he filed a lawsuit against a co-op board in a major Democrat Building for discrimination against his proposal to buy one of the 12 units. .
A co-up of San Francisco apartments was used for the Retzi Democrat campaign parties and its megadoners, found themselves as a defendant in a new discrimination case filed by a cryptocurrency pioneer.
Jessie Powell, The Co-founder of Crypto Exchange CrackonThe 2500 Steiner Street shareholder is sueing the alleged discriminatory work against its financial, criminal and potential political affiliation, which refused to purchase their purchases of California Lieutenant Gav Eleni Kunalkis unit.
Powell told Fox News Digital on Friday, “I am clearly tired to deal with it, tired of discriminating with it.” “And San Francisco should not be the place where this happens. In fact, San Francisco needs the Crypto industry.”
“I think the hypocrisy of the so -called progressive movement that cannot tolerate those ideas in any way that disagree with themselves, meanwhile claims to be open for everything,” he said. “This is just bizarre for me.”
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Powell filed a trial last Wednesday-defying that he “tried to do everything to avoid this”-where he and the unit seller have been accused of about $ 15.5 million for the sale of the unit in September. The deal was done and entered the escrow before the co-op board. His identity and his “Demonor changed.”
Crackon’s president and co-founder Jessie Powell tells News Digital that he is “tired” after the alleged housing discrimination and the “hypocrisy of the so-called progressive movement”. (Getty image)
Powells have a protected position under California’s Fair Employment Housing Act (FEHA) and the UNRUH Act, due to the source of income and criminal history. The FBI agents searched Powell’s Los Angeles’ house in July 2023 on hacking and cyberstocking allegations, but were not accused of any crime in relation to search and seizure.
“The final attempt I made was to send a personal letter to each shareholder, stating that I would think why I would be a good neighbor, ask them to interact with them. And the response we got back we got back. , We consider that case, we consider the matter to be closed from his lawyer, “Powell explained. “And therefore, for me, the end of the road to try to solve this amicable manner. And I had no other option but to sue that point.”
In a co-up building, buyers invest in shares of a housing cooperative as a property owner. When Powell’s proposal reached the shareholders for final approval, the lawsuit says that the board planned to discriminate against Mr. Powell by refusing to approve the sales, “and” the corporation has ever given Mr. Powell to Mr. Powell. Not given a direct reply to the denial, instead of obfuscation and transfer for the obstruction of the offer.
This specific 12-unit property is colloquially known as “Susie’s Building”, named after the businessman and Long -time democratic donor Susie Tompkins Buell.
Pavel said, “Has our political differences may have reduced the opinion or desire of open mind about those things. But, the building is packed with a democrats.” “It is clearly known for (and) (and) Democratic party funds have the reputation of such maize, where the party is from the floor that goes from the floor.”
“I am not a Democrat, but I am not even a Republican. I vote for issues. I believe every candidate independently. I look at the implication of the public policy of things. And that’s why, I just happen. , I think, I think, in the last four years, there was more aligned with the right-coded reasons as the Biden administration attacked our industry, “the co-founder of Krakan continued.
While undergoing the shareholder approval process, Powell understood that there was no end to the purchase of an agreement between him and the vendors. Bylaws required selling non-building shareholders.
Powell’s application was initially rejected in October, when no reason was allegedly listed for refusal. When pressurized for an answer, the property manager of the building claimed that “many concerns” were understood “uncelvable”.
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A few days later, the trial accuses, 2500 Steiner Street Board told Powell that there was a case of refusal finance, which his lawyers argued that “uncontrolled” were far away from “uncontrolled”. Before the shareholders gave their final decision in November, there was no such meeting “.
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“The shareholders knew who was the seller. They got a complete package of materials including the transfer agreement … Intentionally, for the Lieutenant Governor of California, for the Lieutenant Governor of California, he was ready to block him from selling his unit which he tried to sell It has been, I understand, for more than a year, quietly and away from the market, “Powell said.
“Obviously, she did not want coverage of this. And he forced her to be in the media about this transaction. And therefore, you wonder if there is some bad blood – why she is getting out Of building?
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Representatives of 2500 Steiner Street Corporation did not return the request of Fox News Digital for comment.
Lieutenant village. Kunalikis’ office also did not respond to Fox Digital’s request to comment.
Although Powell has no formal attachment to the Democrats or Republican parties, he donated $ 1 million to President Donald Trump’s campaign in June and recently “supported the nationally popular conservative reasons,” she would suit Is. He co-established Crackon in 2011 and stepped as CEOs in April 2023, but remains as the chairman and a big shareholder.
He argues that stopping this real estate deal ” Bad for San Francisco“Completing millions of dollars from entering the local economy and going to other successful entrepreneurs from going there, completing the lack of supply of a city housing.
“It has far-reaching implications. It is not about this one unit in the city, which prevents someone from moving from one city to another … I think we need to see the rules around the co-opas Is, and perhaps we need some new law that you cannot discriminate for any reason for any reason for any reason to be a good neighbor.
Asked why he had no desire to find another property, Powell replied that the “amazing” scene of Golden Gate Bridge, 2500 Steiner Street of Alkatraz Island and its location left him for Los Angeles in 2018 After San Francisco was assured to go back.
He said, “I think I just got emotionally connected.” I am happy to live in a neighborhood with people with different ideas, happy to live in a building with people with different thoughts I am … I take care of my neighbors and I want to make San Francisco a better place. Think about rubbing some wings, people are getting uncomfortable, people don’t want to see me because they pass me in the lobby … There is a reason to block someone from being an apartment.
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Crackon is not interested in playing a role in co-founder California exodus Either, although people have suggested that he moved to places like Austin, Texas, or Miami, Florida. He was firm on the fact that he hopes to create a difference “rather than escapes in his home state for a long time. ,
The court date has been set on 9 July in California’s Superior Court to hear the inauguration arguments of the case. Powell and his lawyer are asking judges to pursue unit sales and manifesto relief awards for compensatory damage, punitive damage and legal fee and cost.
“We can reach any kind of disposal before this happens. If it eventually goes for testing, a jury must decide whether there was illegal discrimination or not,” Powell said. “There are some avenues that we can discuss in disposal if they are interested in disposal. But, I am really focusing on being able to enter that unit. And it is really the most satisfactory result for me Is.”
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“San Francisco clearly welcomed different types of people from all areas of life who have very different views about how to live and what their identity. In fact, San Francisco is a sanctuary city … And so you will think that people are people living in this building, who were large -scale democrats and donate for these reasons for diversity and inclusion, a diverse job or even a variety of opinions about politics or even cryptocurrency Will be open with and so we are being discriminated against the basis of our industry, and it seems that it is another example so far that the work I do is discriminated against Is. “
“I think the city has to do a lot of work to revive the city, to bring back businesses. And it’s not going to be far away if people like me continue to discriminate when they return to San Francisco Looking for housing for, “he concluded.
