Jesse Powell, co-founder of Kraken crypto exchange, is under investigation by federal authorities examining allegations of meddling with computer accounts and emails linked to a non-profit. Despite these accusations, neither Kraken nor Powell’s involvement with the exchange are under scrutiny.}
Search Results for: Jesse Powell
The Kraken Co-Founder Fallout: Cryptocurrency, Cybersecurity, and Ethical Dilemmas Wrapped in One
“Jesse Powell, co-founder of crypto exchange Kraken, is under FBI investigation over allegations of cyber attacks and obstruction of computer accounts. This situation casts a somber shadow over the crypto space, raising questions about moral conduct in a largely unregulated yet influential sphere.”
Crypto Community Rallies to Fund ZachXBT’s Legal Battle: The Fight for Transparency Intensifies
Crypto executives, including Changpeng “CZ” Zhao and Jesse Powell, have rallied to fund over $1 million in legal fees for on-chain investigator ZachXBT, who faces a defamation lawsuit from Jeffrey Huang. This support demonstrates the importance of on-chain investigations for transparency within the crypto industry and highlights the expensive nature of defending against online defamation claims.
Crypto Celebrity’s Lawsuit Withdrawal: Embezzlement Allegations, Community Support, and Lingering Doubts
“In a surprising turn, Taiwanese music celebrity Jeffrey Huang withdrew a defamation lawsuit against internet investigator ZachXBT, after revisions to an article sparked tensions. This incident underscores the crypto community’s volatility, the importance of reliable information, and raises questions about truthfulness.”
Unraveling the FTX Revival Drama: Feasibility, Skeptics, and the Role of Creditors
“The FTX 2.0 Coalition emphasized the importance of skilled management for the revival of crypto exchange FTX. Despite facing challenges of team assembly and building a secure platform, they stressed the potential impact of the 1.8 million creditors.”