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Former Kraken CEO Jesse Powell's Home Searched by FBI in Cyber-Stalking Investigation

Jesse Powell, the former CEO of Kraken, had his home searched by the FBI in March as part of an investigation into allegations that he hacked and cyber-stalked a nonprofit arts group. The investigation has been ongoing since at least last fall. The nonprofit claimed that Powell interfered with its computer accounts, including blocking access to emails and other messages.

Powell has not been accused of any crimes by prosecutors. Kraken has stated that the investigation is unrelated to the company and that there are no other potential issues being looked into.

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