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FBI Drops Probe into Kraken Founder Jesse Powell
The FBI has officially closed its investigation into Jesse Powell, the founder of Kraken. This week, Powell confirmed that the Justice Department has ended the case. FBI has also given back dozens of devices that its agents confiscated from his house. These were cell phones and laptops. Kraken was not under investigation in its business activities. Rather, the case started due to a management conflict with a nonprofit named Verge Center for the Arts. Since the beginning, Powell has indicated that the charges were unfounded. Now, he has evidence to substantiate his side of the story since the returned gadgets are in ... (full story)
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