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FBI Ends Investigation Into Kraken Founder Jesse Powell, Returns Dozens of Seized Computers and Devices: Report

2025-07-22 18:50:32

FBI Ends Investigation Into Kraken Founder Jesse Powell, Returns Dozens of Seized Computers and Devices: Report

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The U.S. Federal Bureau of Investigation (FBI) is dropping its investigation into the well-known founder of crypto exchange Kraken, Jesse Powell. According to Fortune, new court documents submitted by Powell this week indicate that the Justice Department has completely stopped investigating the Kraken founder. When Powell’s home was raided by authorities two years ago, the Justice Department confiscated dozens of cell phones and laptops – some of which were potentially storing crypto assets. Pow...

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