Original archived Re: SEC vs Kraken,Coinbase and Justin Sun
Scraped on 24/07/2025, 11:06:57 UTC
https://www.coindesk.com/policy/2025/07/22/fbi-drops-criminal-probe-into-kraken-founder-jesse-powell\FBI Drops Criminal Probe Into Kraken Founder Jesse Powell
Jesse Powell is no longer under investigation for alleged hacking tied to a nonprofit he co-founded.
"The FBI has ended its probe into Kraken co-founder Jesse Powell.
Powell had been under investigation for allegedly hacking a nonprofit’s data.
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."