![]() In 2001, Powell co-founded Lewt, an online company that sold virtual items and currencies related to games like Blizzard Entertainment’s Diablo II and World of Warcraft. Many games have their own in-game currencies - often called “gold” - that gamers use to buy and sell digital items, like characters and weapons. Like a lot of other early bitcoiners, Powell was into video gaming. That’s how he met his school friend Roger Ver, who later became a huge bitcoin investor and promoter. Powell got his start trading Magic: the Gathering game cards as a teenager in the 1990s. We’re not sure those two things go together. He responded by suing Verge to return his donations to the charity and to reinstate him to the board. Powell feels deeply hurt by getting ousted from the board of Verge. We’re guessing the Verge board was fed up with his antics, and it wasn’t helpful to them in dealing with more normal art supporters. Īfter the crypto bubble popped in May 2022, Powell became notably more vocal in his crank political views. In the wake of the FBI search, Powell is now suing Verge for booting him off the board in 2022. ![]() Powell’s house was searched because of allegations that he was hacking and cyber-stalking Verge Center for the Arts, a Sacramento non-profit that he founded in 2007 and bankrolled for several years. Jesse Powell, who launched the Kraken crypto exchange in 2013, got a surprise knock on the door in March when the FBI showed up at his $11 million Los Angeles home for an unannounced search - and left with some of his electronics. ![]() If you like our work, become a patron! Here’s Amy’s Patreon, and here’s David’s. ![]()
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