Hot Development: Home of Popular Cryptocurrency Exchange Founder Searched by FBI!

Three sources with knowledge of the matter said the FBI reported in March. cryptocurrency He said he searched the home of Jesse Powell, executive director of Kraken exchange, as part of a criminal investigation into allegations that he hacked and cyber-harassed a nonprofit he founded.

The resources in question were submitted by the nonprofit organization of the investigation, bitcoin He said that he focused on the allegations that Powell, who also founded the Kraken exchange, interfered with computer accounts and blocked access to e-mails and other messages.

Three sources with knowledge of the matter said agents of the FBI and the US Northern District of California’s District Attorney’s Office have been investigating Powell since at least last fall.

Agents searched Powell’s home in the Brentwood neighborhood of Los Angeles and confiscated electronic equipment, according to a person familiar with the searches and documents reviewed by The New York Times. Prosecutors did not charge Mr. Powell with any crime.

A Kraken spokesperson said the investigation had nothing to do with the company and Kraken had no reason to believe prosecutors were investigating other potential issues.

*Not investment advice.

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