Main notes
- The federal authorities closed the criminal investigation after finding any evidence of violations by Powell in the non -profit case.
- Court documents reveal the members of the Verge Center Board of Directors, claiming that the main communications during civil discovery procedures.
- The letter of deviation in the Ministry of Justice helps to restore Powell’s reputation, as Kraken is preparing for its potential general inclusion in the United States.
In a major development of the encryption industry, the US Department of Justice quietly ended its investigation in Jesse Powell, where dozens of laptops, phones and devices that were seized during the 2023 raid in his home returned.
Unlike Initial media reportsThe investigation was not related to the Powell Powell Administration. Instead, it focused on allegations by the members of the Verge Arts Company, a non -profit company based in Sacramento founded in 2008.
The conflict highlighted the illegal arrival allegations to the Powell’s accounts in the Google Slaughter and accounts after removing it from the Verge panel. Powell has long confirmed that no person or pursuit of anyone had penetrated, and he claimed that Verge CEOs tried to remove him secretly by changing account accreditation data and launching a new field. Filed a lawsuit against defamation last year, and the files of the new court confirm that the Ministry of Justice has now closed the criminal side of the entire case.
“The FBI raid on my house was both personal and professional. Email statement to Fortune.
Verge panel repercussions as deviation messages
The official decision of the Ministry of Justice was taken in a declining letter issued to the Powell Powell team earlier this month. His lawyer, Brandon Fox, said that the message will help repair the reputation damage to the height and kakkin, as the stock exchange continues to prepare for a possible general inclusion in the United States.
The court documents claim that the members of the Verge Board of Directors failed to reveal the main internal communications during the civil discovery process. A member of the Board of Directors, Phil Cunningham, who is also a non -profit legal advisor, rejected the comment. Verge continues to work in the art scene in Sacramento, after Powell donated more than a million dollars in personal support.
Powell nor the federal authorities did not reveal whether any bitcoin or digital assets were recovered from the returned devices, which were confiscated when Bitcoin was trading about 23,000 dollars. From today, Bitcoin
BTC
118 dollars 307
24 hours fluctuation:
0.4 %
The maximum market:
2.35 dollars R.
Folder. 24h:
$ 42.03 b
The price is hovering near $ 120,000, which reflects the size of the potential asset risk in exaggerating government seizures.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Ibrahim Ajibad is an experienced research analyst and has a background in supporting the various startups and financial organizations in Web3. He obtained his university degree in the economy while he is currently studying for a master’s degree in Blockchain and distributing a professor’s notebook techniques at Malta University.
The post FBI Drops Kraken Founder Investigation as DOJ Closes Jesse Powell Case first appeared on Investorempires.com.
