Kraken Faces Extortion Threat Over Stolen Customer Data
- Kraken is being extorted for an undisclosed sum by criminals with access to customer data.
- The exchange’s Chief Security Officer, Nick Percoco, stated they will not negotiate or pay the criminals.
- Approximately 2,000 individuals potentially had their information viewed, and all at-risk customers have been contacted.
- Kraken is collaborating with law enforcement across multiple jurisdictions to identify and arrest those responsible.
- No customer funds were at risk, and internal systems were not breached during the incident.
Kraken has publicly disclosed an extortion attempt involving stolen customer data but remains firm in its stance against negotiating with criminals. The company is actively working with law enforcement to pursue those involved in the threat.
Despite the breach of sensitive information affecting around 2,000 individuals, Kraken assures that no funds are compromised and investigations are underway to bring justice to those responsible for the extortion attempt. (Source)
