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Criminals Blackmail Kraken With Alleged Client Data Leak

BeInCrypto
Kraken is resisting an extortion attempt by criminals after insider incidents resulted in unauthorized access to limited data from approximately 2,000 client accounts.

Summary

Crypto exchange Kraken is currently facing an extortion attempt from a criminal group threatening to leak internal videos showing client data. According to the company's Chief Security Officer, Nick Percoco, the issue originated from two internal incidents where support staff accessed limited client information, rather than an external hack. Approximately 2,000 accounts were potentially viewed, representing about 0.02% of the exchange's user base.

Kraken confirmed that no trading systems were compromised and that all client funds remain secure. The company immediately revoked access for the involved personnel and has refused to negotiate with the attackers. Kraken is currently collaborating with law enforcement across multiple jurisdictions to identify the perpetrators and bring them to justice. This event highlights a growing industry trend where bad actors attempt to bribe support staff to gain access to internal systems.

(Source:BeInCrypto)