FBI closes research against the founder of Kraken, Jesse Powell: Report

By Hannah Pérez

Jesse Powell, who previously digested Kraken, is no longer under a federal investigation in the United States related to accusations for alleged hacking and cybernetic harassment of an artistic organization.

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• E founder of Kraken, Jesse Powell, is no longer under federal investigation in the US.
• Powell had been accused of alleged hacking and harassment of an artistic organization he founded.
• Kraken’s before CEO denied having committed such crimes against Verge Center for the Arts.
• The FBI must now return the teams that confiscated Powell in 2023 during a raid at his home.

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The United States authorities are spending an investigation into the founder of cryptocurrency exchange Krakenas Donald Trump’s incoming administration opens the door to the new asset class.

The US Department of Justice has closed an investigation into the co -founder and former CEO of KrakenJesse Powell, co -founder of cryptocurrency exchange, who investigated accusations related to a dispute with a non -profit artistic organization that he founded. The news media Fortune reported.

In mid -2023, the FBI agents raided Powell’s home in Los Angeles as part of an investigation that, according to The New York Timeshe had been ongoing since the third quarter of 2022.

The officers’ cateo operation took place after accusations against Powell arose for allegedly hacking and harassing the non -profit organization cybernetic, Verge Center for the Arts.

The organization had alleged at the time that Powell illegally accessed digital accounts belonging to Verge Center, blocking its members access to emails and other messages, according to sources that spoke with The New York Times.

Powell defends himself from the accusations against him

Powell, who has been denying the accusations in both the courts and publicly Fortune who did not harass or hacked anyone.

He also claimed that non -profit executives of Verge Center for the Arts They tried to eliminate him from the Board, an argument that he also presented to the Court when he said that the members of the Board of Directors of the organization were carrying out a power.

“I did not hacked anyone, nor cut access to accounts“Powell wrote in a judicial file, according to reports.”Verge executives conspired to eliminate me from the Board and silently implemented a new domain name and created new accounts in the workplace before doing so. ”

According to the report of Fortune This Tuesday, The Department of Justice has ordered the FBI to return all the electronic devices confiscated during its raid at Powell’s residencethat the cryptocurrency businessman described that magazine as an experience “devastating both personal and professional. ”

Research occurred during regulatory pressure

FBI’s research on Powell came shortly after Kraken It was the object of compliance actions by the US stock and values commission. (sec) by the operations of Staking of the exchange.

Then, in November 2023, the SEC demanded Kraken claiming that the exchange had violated federal laws of values by not registering before the agency as a corridor, compensation or exchange chamber.

The actions occurred at a time when cryptocurrency companies faced the pressure of federal regulators due to the lack of clear rules for the industry. This regulatory ambiguity is now changing as US legislators advance in new cryptocurrency laws. Trump signed a related first law on Friday.

The SEC abandoned the lawsuit against Krakenas well as a series of shares against companies in the early 2025.

Powell left CEO of Kraken in 2022 and is currently president of its Board of Directors. A spokeswoman Kraken He said years ago that Powell research had nothing to do with the company and that he had no reason to believe that prosecutors were investigating other potential problems, according to New York Times.

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Hannah Estefanía Pérez / Diariobitcoin

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