Apparently, the Federal Bureau of Investigative USA (FBI) completed the investigation of co -founder Kraken Jesse Powell and the property belonging to him was returned, which was occupied during the search of his house in 2023.
According to the report from Fortune, the FBI had on Tuesday returned Powell devices ended their probe over the allegations that he hacked and cyberstalking the verge center for the arts, a non -profit organization that he helped find in 2008.
The investigation, apparently not related to the Powell Association with Cracow, the exchange of cryptocurrencies, which he co -founded, or the cryptographic industry, resulted in the FBI search of the house and the takeover of electronic devices that could contain digital assets.
Reports suggest that Powell has been examined by the American authorities since 2022. Co -founder of Kraken repeatedly denied his commitment to alleged activities and filed a civil lawsuit against members of the Council of Verge Directors.
The report did not cite the reasons why the US Department of Justice and the FBI ended the investigation in the Powell case, which became politically dynamic in the 2024 election after he brought $ 1 million in Ether (ETH) to the candidate’s campaign for President Donald Trump.
Trump appoints Kash Patel and Dan Bongio, who currently direct the FBI as the director and deputy director, as well as Pam Bondi, also appointed by the president, directs the Department of Justice to the position of prosecutor general.
Related: Powell of Kraken’s claims in the lawsuit was refused apartment due to cryptocurrencies
Kraken was facing a lawsuit
In 2023, the American Commission for Securities and Stock Exchange (SEC) filed a complaint against Kraken, claiming that the exchange was working without proper registration. However, the agency abandoned the case in March under the chairman of SEC Mark Uyeda.
The enforcement action against Kraken was one of several SEC that fell among the observable change in the position of the agency regarding the regulation of regulation by enforcement. Long -term probes and cases in cryptographic companies, including Ripple Labs, Coinbase and Gemini, were dropped within a few weeks.
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