Kraken Reveals Extortion Demands After Client Data Incident: ‘We Will Not Pay’, Security Chief Says
Kraken Reveals Extortion Demands After Client Data Incident: ‘We Will Not Pay’, Security Chief Says
Kraken, a prominent US crypto exchange, has publicly rejected extortion demands from a criminal group following two incidents of unauthorized access to limited client support data. This event has heightened investor concerns regarding insider threats and the security practices of exchanges.
Kraken, the US’s second-largest crypto exchange, has rejected extortion threats from a criminal group after two incidents of unauthorized access to limited client support data in the past year, reigniting investors’ concerns about insider threats.
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