The Crypto Citizens Network reports on a somewhat different breach tactic where threat actors made a video of internal systems and threaten to leak the videos if their payment demands are not met. Kraken is standing firm that it won’t pay:
In crypto, breaches usually start with code. This one didn’t.
Kraken, one of the largest U.S.-based exchanges, is dealing with a different kind of threat—an extortion attempt built on insider access, not a traditional hack.
On April 13, Chief Security Officer Nick Percoco disclosed that a criminal group is threatening to release internal videos showing client data unless Kraken meets its demands.
The post quickly spread across X, turning the incident into one of the most closely watched security stories in crypto this year.
The message from Kraken was immediate and unambiguous: no payment, no negotiation.
Read more at CCN.com.
