The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Kraken co-founder Jesse Powell in March as part of an investigation into claims he hacked and cyber-stalked a nonprofit arts group.

It is claimed that Powell interfered with computer accounts by blocking access to emails and other messages from contributors of Verge Center for the Arts — the non-profit Powell founded, according to a July 6 report from The New York Times, citing three people with knowledge on that matter.

The F.B.I. searched the home of the cryptocurrency executive Jesse Powell in March. https://t.co/NRnK99cts7

— NYT Business (@nytimesbusiness) July 6, 2023

The trio informed The NYT that the FBI and the U.S. Attorney’s Office for the Northern District of California has been investigating Powell since “at least” September.

Electronic devices were reportedly seized from Powell’s home in Brentwood, Los Angeles as part of the search. However, it is understood that prosecutors have not accused Powell of any crimes.

Powell’s lawyer, Brandon Fox said the investigation mostly focused on allegations made by Verge Center for the Arts — the nonprofit Powell founded, and not anything to do with Powell’s involvement in the “cryptocurrency arena.” This was reportedly also confirmed by a Kraken spokesperson.

Fox also said that Powell “did nothing wrong.”

Cointelegraph reached out to Jesse Powell for comment but did not receive an immediate response.

Related: Go to Source to See Full Article
Author: Brayden Lindrea

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details