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BTCC / BTCC Square / CryptoAdventure /
FBI Closes Case: Kraken Founder Jesse Powell Cleared in High-Profile Crypto Probe

FBI Closes Case: Kraken Founder Jesse Powell Cleared in High-Profile Crypto Probe

Author:
CryptoAdventure
Published:
2025-07-23 19:07:17
10
2

Federal investigators drop their inquiry into the exchange mogul—just as Bitcoin flirts with new all-time highs. Coincidence? Probably not.

Powell's vindication lands amid a regulatory circus where crypto executives face more scrutiny than Wall Street bankers who cratered the economy in '08. The FBI's move sparks fresh debates about selective enforcement—and whether crypto's 'wild west' era is ending or just getting a hall pass.

One thing's certain: When the feds back off, the market pumps. Powell's legal win could be Kraken's next bullish catalyst—assuming the SEC doesn't swoop in tomorrow.

FBI Drops Investigation of Kraken Founder Jesse Powell

|Square

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