Powell, Jesse (Cryptocurrency Executive)

Kraken Lays Off 15 Percent of Workers and Names New Co-Chief Executive

The influential cryptocurrency exchange has undergone several reorganizations in recent years.

By Mike Isaac David Yaffe-Bellany and Ryan Mac

Brentwood (Calif) Computers and the Internet Cyberattacks and Hackers Embargoes and Sanctions Federal Bureau of Investigation Kraken (Payward Inc) Nonprofit Organizations Powell, Jesse (Cryptocurrency Executive) Search and Seizure Securities and Commodities Violations Securities and Exchange Commission U.S. Attorneys Office for the Northern District of California Verge Center for the Arts Virtual Currency

F.B.I. Searched the Home of Kraken’s Jesse Powell

Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.

By David Yaffe-Bellany and Ryan Mac

Computers and the Internet Corporate Social Responsibility Embargoes and Sanctions Iran Kraken (Payward Inc) Powell, Jesse (Cryptocurrency Executive) Virtual Currency

U.S. Crypto Exchange Kraken Settles With Treasury Dept.

The crypto exchange, which had been under investigation for violating U.S. sanctions, agreed to pay $360,000 to settle the allegations.

By Ryan Mac and David Yaffe-Bellany

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