Crypto exchange Kraken targeted in extortion attempt; says no breach and no funds at risk

Kraken Crypto Exchange Says Criminal Group Claims Access to Some Customer Data

Kraken, one of the world’s oldest crypto exchanges, said it’s being extorted by a criminal group that claims to have access to some client account information.

Crypto exchange Kraken targeted in extortion attempt; says no breach and no funds at risk

The firm said a criminal group is attempting to extort it over limited insider-related data access incidents affecting about 2,000 accounts. Kraken says it will not pay and is working with law enforcement.

Kraken Extortion Plot Explodes — Should Traders Continue To Trust Exchanges With Their Personal Data?

The group extorting Kraken is claiming access to some client account information after two insider incidents involving customer support staff. Kraken’s Extortion Plot: An Insider-Play Yesterday, on a post on the social network X, Nick Percoco, Kraken’s Chief Security Officer (CSO), made public  that a criminal group is extorting the crypto exchange with threats  to release videos of their systems exposing client data. Kraken Security Update We …

Kraken Extortion Attempt Raises Crypto Security Concerns

Kraken faces extortion attempt tied to insider data exposure Around 2,000 accounts affected, no funds or core systems breached Rising insider threats highlight structural risks in crypto security An extortion attempt at Kraken is not about stolen funds, but exposed access, why is that quietly turning into a growing crypto security concern? Kraken found itself dealing with something less dramatic, but more revealing. no hacking, no stolen funds, …