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FBI Drops Investigation of Kraken Founder Jesse Powell

2025-07-23 08:47:48

Main Idea

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Description

The FBI has officially dropped its investigation into Kraken founder Jesse Powell and returned dozens of seized devices, including laptops and cellphones, according to Fortune. The investigation, which stemmed from a management dispute with a non-profit organization Powell founded, had no connection to his operations at the cryptocurrency exchange. Powell expressed relief over the conclusion

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