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FBI closes Kraken founder Powell probe, returns seized tech.

22.07.2025 18:43

The Federal Bureau of Investigation (FBI) has concluded its investigation into Jesse Powell, the founder of the prominent cryptocurrency exchange Kraken, according to a recent report from internet sources. This decision marks the end of a period of scrutiny for Powell, and signifies a significant development in the case.

Following the completion of their inquiry, the FBI returned a substantial number of computers and other digital devices that had been seized during the investigation. Precisely how many items were returned remains unclear, but reports indicate the total exceeded several dozen. This return suggests that the authorities found insufficient evidence to support further legal action.

While the details surrounding the reasons for the initial investigation remain largely undisclosed, the FBI's decision to close the case and return the seized equipment strongly suggests that no charges will be filed against Powell. The absence of public statements from either the FBI or Powell himself adds an element of mystery to the situation. This lack of transparency leaves many questions unanswered regarding the nature of the original inquiry.