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DOJ Closes Investigation Into Kraken Co-Founder Jesse Powell

The US Justice Division has dropped its legal investigation into Kraken co-founder Jesse Powell. The investigation was launched in 2023 and didn’t concentrate on Powell’s crypto dealings. As a substitute, it centered on allegations from the Verge Middle for the Arts – a nonprofit he based – that he had hacked its accounts and blocked […]

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Kraken’s Co-Founder Jesse Powell Cleared of Hacking Costs After FBI Investigation

The FBI ended its investigation into Jesse Powell over alleged hacking of a nonprofit. Powell faces no prison prices, and the units seized have reportedly been returned. In response to Fortune report, the FBI has formally closed its prison investigation into Jesse Powell, co-founder of cryptocurrency trade Kraken, and returned units seized throughout a 2023 […]