🔥 JUST IN: FBI Drops Investigation Into Kraken Founder Jesse Powell — All Devices Returned, No Charges Filed! 🔥$BTC $ETH $BNB

Here’s the full breakdown:

After a federal investigation launched in 2023 over alleged hacking related to the Verge Center for the Arts, the FBI has officially closed its probe into Jesse Powell, co-founder of Kraken Cointelegraph+7Fortune+7Bitcoin News+7AInvest+3BeInCrypto+3CoinDesk+3.

The Department of Justice issued a declination letter, confirming no criminal charges will be filed, and the seized laptops, phones, and crypto have been fully returned AInvest+1BeInCrypto+1.

Importantly, this investigation was unrelated to Kraken or its crypto operations—it centered purely on internal nonprofit disputes

🧩 Why This Matters for the Crypto Community

Reputation Restored

Powell can now fully focus back on Kraken’s growth and innovation without the cloud of a federal probe.

Community & Investor Confidence

With no allegations tied to crypto activities, this strengthens trust in one of the leading U.S.-based exchanges.

Industry Implication

Shows a careful, evidence-based approach by regulators—good news for other founders and players in crypto.

📣 Suggested Community-Building Post for Binance Square

🚀 NEWS FLASH: Kraken’s Jesse Powell Cleared by FBI — Crypto Innovation Back on Track!

Big update for our community:

✅ The FBI has ended its investigation into Kraken’s co-founder Jesse Powell, after launching a probe in 2023 linking him to alleged nonprofit-related hacking.

✅ All seized devices—laptops, phones, and even crypto—have been returned.

✅ No criminal charges were filed; the DOJ issued an official declination letter.

This verdict has zero connection to Kraken’s core crypto business. Powell is now fully cleared to refocus on Kraken’s mission and vision.

What this means for us:

Transparency and accountability WIN. Powell’s cleared status shows the power of truth and resilience.

#Kraken #CryptoTrust #CommunityStrength #BinanceSquare #CryptoJourney1