JAKARTA - The US Federal Bureau of Investigation (FBI) has officially suspended its investigation into Kraken founder Jesse Powell and returned his property, including laptops and cell phones.

According to a Fortune report, the FBI has returned the Powell device that was seized during a search of his home.

Thus, Powell has been acquitted on charges that he has hacked and stalked cyber Verge Center for the Arts, a nonprofit he helped establish in 2008.

Powell expressed relief at the conclusion of the investigation, stating, "it's great to be able to get through all of this."

It never makes sense... It's amazing how fast life can change. I thank those who have understood it and told my extraordinary legal team. Now, I'm back to focusing on Kraken," he wrote in a post on X.

This case stems from a personal dispute between Jesse Powell and the Verge Center for the Arts board, an art nonprofit foundation he founded.

Verge accused Powell of illegally accessing the organization's internal Slack, email, and communication system accounts after he was removed from the board of directors. Other allegations include cyberstalking and blocking internal organizational communication access.

A federal investigation began, and in March 2022, the FBI raided Powell's home in Los Angeles and confiscated dozens of his electronic devices (laptops and cell phones).

The returned device is reportedly containing information that supports Powell's explanation of the events surrounding the dispute.


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