Kraken’s Jesse Powell Exonerated: FBI Drops Hacking Charges in Landmark Crypto Case

Author:

Published:

2025-07-22 20:56:59

Kraken’s Jesse Powell Cleared of Hacking Charges After FBI Investigation

Justice served—or just another crypto CEO dodging bullets? The FBI has officially cleared Kraken co-founder Jesse Powell of all hacking allegations after a high-profile investigation.

No handcuffs, no charges—just another day in the Wild West of digital assets. Powell walks free as regulators keep swinging (and missing) at crypto’s biggest players.

Meanwhile, Wall Street still can’t tell a blockchain from a spreadsheet. Some things never change.

By:

Polymarket Bets Big: Acquires QCEX for $112M in Bold U.S. Comeback Play

|Square

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

Recommended

Promotions

Kraken’s Jesse Powell Exonerated: FBI Drops Hacking Charges in Landmark Crypto Case

|Square