🪙 Cryptocurrency 20h ago · Coin Edition

Kraken Faces Extortion Threat Tied to Insider Security Incidents

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Kraken said insider-linked videos were used in an extortion attempt over client data.



The exchange said no systems were breached, and customer funds were not at risk.



Kraken is working with law enforcement after 2,000 accounts were viewed.




Kraken is dealing with an extortion attempt tied to insider-related security incidents, according to Chief Security Officer Nick Percoco. In an X post on Monday, he said a criminal group is threatening to leak internal videos unless the exchange make

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