The FBI has officially dropped its investigation into Kraken founder Jesse Powell and returned dozens of seized devices, including laptops and cellphones, according to Fortune.
FBI Drops Investigation of Kraken Founder Jesse Powell
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The investigation, which stemmed from a management dispute with a non-profit organization Powell founded, had no connection to his operations at the cryptocurrency exchange. Powell expressed relief over the conclusion of the probe, stating, “Very glad to have this behind me. It never made sense… Wild how quickly you can have your life upended. I’m grateful for those who saw through it and for my stellar legal team. Now, turning my attention back to Kraken.” The returned devices reportedly contain information supporting Powell’s account of the events surrounding the dispute.
