FBI Drops Criminal Probe Into Kraken Founder Jesse Powell

Description

Federal authorities have dropped a criminal investigation into Jesse Powell, co-founder and former CEO of cryptocurrency exchange Kraken. The FBI investigation, which began in 2023, was looking into the non-profit Verge Center for the Arts' allegations that Powell hacked its computer accounts and obstructed access to emails . His home was also searched when the investigation began and computers, laptops and cellphones were seized at the time, the New York Times reported last year. In April this ...