The investigation was reportedly not connected to Jesse Powell’s activities within the crypto industry.
Update (July 24 at 5:20 am UTC): This article has been updated to clarify that Donald Trump nominated Pam Bondi to head the Justice Department.
The US Federal Bureau of Investigation (FBI) has reportedly ended its investigation of Kraken co-founder Jesse Powell and returned property belonging to him that was seized in a 2023 search of his home.
According to a Tuesday Fortune report, the FBI had returned devices to Powell and ended its probe over allegations he had hacked and cyberstalked the Verge Center for the Arts, a nonprofit he helped found in 2008.
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