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Zenger
Zenger
World
Murtuza Merchant

Inside The FBI Raid At Crypto Tycoon, Kraken Founder Jesse Powell’s LA Residence

Federal Bureau of Investigation headquarters building in Washington D.C., on July 3, 2023. FBI raided the Los Angeles residence of Kraken founder Jesse Powell in March. CELAL GüNEÅ/ANADOLU AGENCIES VIA GETTY IMAGES

The Federal Bureau of Investigation (FBI) raided the Los Angeles residence of Kraken founder Jesse Powell in March, as part of a criminal inquiry focusing on allegations that he hacked and cyber stalked a nonprofit organization.

“The investigation primarily centers on the accusation made by the nonprofit claiming that Powell meddled with its computer accounts, thereby denying access to emails and other communications,” said The New York Times reports. 

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