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Kraken’s Co-Founder Jesse Powell Cleared of Hacking Charges After FBI Investigation
The FBI ended its investigation into Jesse Powell over alleged hacking of a nonprofit. Powell faces no criminal charges, and the devices seized have reportedly been returned. According to Fortune report, the FBI has officially closed its criminal investigation into Jesse Powell, co-founder of cryptocurrency exchange Kraken, and returned devices seized during a 2023 search. Powell faced allegations of hacking the Verge Center for the Arts, a nonprofit he helped found, but federal prosecutors decided not to press charges. In 2023, the FBI launched an investigation into Powell following accusations by the Verge Center ... (full story)