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The Latest Breaking News from Jesse Powell

Kraken quietly closes $500M round as its unusual CEO pushes toward the IPO finish line

Arjun Sethi shared his thoughts on Kraken’s unorthodox management structure, and how the company is ready for the fusing of crypto and traditional finance.

Fortune

Kraken Aims To Raise $500 Million, Second-Largest US Crypto Platform Eyeing A $15 Billion Valuation: Report

Cryptocurrency exchange, Kraken, is planning to raise $500 million in funding, a move that could push its valuation to $15 billion, according to a report published Tuesday.

Benzinga

Justice Department Drops Case Against Kraken Founder Jesse Powell

Federal prosecutors have officially ended their investigation into Kraken founder Jesse Powell, nearly two years after FBI agents raided his home in a high-profile case unrelated to his crypto business.

Benzinga

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FBI drops probe of Kraken founder, returns dozens of seized devices

The FBI raided Jesse Powell's home after an arts non-profit falsely accused him of hacking.

Fortune

The crypto magnate that has Trump’s ear, an IPO in the works, but still can’t get past a posh San Francisco coop board

Jesse Powell, who founded Kraken in 2011, is suing a co-op board that wants to keep him out over his politics.

Fortune

Trump Reportedly Considering Blockchain Lawyer Teresa Goody Guillén For SEC Chief

A pro-crypto lawyer has reportedly joined the list of Donald Trump's potential picks to lead the SEC as some industry leaders recommend some prominent and beloved crypto figures to replace Gary Gensler.

International Business Times

Dangers faced by firefighters compounded by ‘forever chemicals’ - Roll Call

The number of cases over the impacts of "forever chemicals" include thousands filed by firefighters that are gaining attention in Congress.

Roll Call

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FTX 2.0 ‘Worse Than Starting From Scratch’, Says Crypto Expert

Jesse Powell on Wednesday voiced his skepticism about the proposed restructuring plan for beleaguered FTX.

Zenger

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

The Federal Bureau of Investigation (FBI) raided the Los Angeles residence of Kraken founder Jesse Powell in March

Zenger

Renegade SEC Commissioner Wants To Save Crypto: Live With Hester Peirce, Nick Gillespie, and Zach Weissmueller

Join Reason on YouTube and Facebook on Thursday at 1 p.m. ET for a discussion of what the SEC's settlement with crypto giant Kraken means for the future of decentralized finance

Reason

Gary Gensler says his door is open. Crypto companies say that’s not true

Is registering with the SEC as simple as filling out a form on a website?

Fortune

You Can Record Video of Police in Action. But Can You Livestream That Video?

Plus: Court rejects Biden plea on student loan plan, Ohio cops don't understand the First Amendment, and more...

Reason

Kraken to lay off 30% of employees

The crypto exchange joins Coinbase, Crypto.com, and Gemini in announcing layoffs this year.

Fortune

Kraken crypto exchange lays off 30% of workforce

Kraken is one of the biggest and longest-standing crypto exchanges.

Axios

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Benzinga

Kraken CEO Jesse Powell Steps Down, Will Stay On As Board Chairman

The outspoken co-founder and CEO of the Kraken cryptocurrency exchange, Jesse Powell, on Wednesday said he was resigning as CEO of the company to focus more on the company's products and broader industry advocacy.

The Independent UK

Jesse Powell death: Grammy-nominated R&B singer dies aged 51

‘Jesse loved music and he especially loved his fans who supported him throughout his career,’ his family wrote in a statement

Evening Standard

R&B singer Jesse Powell dies aged 51 at his LA home

The singer's devastated family have paid tribute to their ‘beloved son, brother and uncle’

Daily Record

Singer Jesse Powell dies aged 51 at his LA home as devastated family pay tribute

Jesse's cause of death is not yet known.

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Daily Mirror

Jesse Powell dead: R&B singer dies at 51 at his LA home as devastated family pay tribute

R&B singer Jesse Powell has died aged 51 at his home in Los Angeles, his devastated family have announced as the paid tribute to their "beloved son, brother and uncle"

Input

Kraken crypto exchange under investigation for skirting U.S. sanctions

According to a report from the New York Times, Kraken has been under investigation since 2019 for allowing Iranian users to freely use its platform.

The Independent UK

Over $500k raised for pizza delivery driver who saved five people from burning home

‘This kid is the real deal,’ Nick Bosic’s cousin wrote on the fundraising site

Reason

What The New York Times Didn't Say About Crypto Firm Kraken's Culture War

An explosive Times report alleged that Kraken CEO Jesse Powell created a "hateful workplace," leading to an employee exodus. Is that what really happened?

Input

Kraken's new 'crypto-first' culture forbids critical thinking

CEO Jesse Powell says it's time for employees to jump ship if they aren't all-in on cryptocurrency.

Benzinga

Kraken Could Bring Stock Trading To Platform; CEO Envisions A 'Super Wallet'

Many stock trading platforms have turned to offering cryptocurrency as a new feature for its customers. Could a leading cryptocurrency trading platform soon offer stock trading?

People

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