Criminal Group Attempting To Extort Kraken Over Exposed Client Data, Chief Security Officer Says Exchange ‘Will Not Pay These Criminals’
The chief security officer at Kraken says the exchange is being targeted by a criminal group attempting to extort the company. In a new statement, Nick Percoco says Kraken’s core systems and client funds have not been compromised and that the company will not negotiate with the perpetrators. “We are currently being extorted by a criminal group threatening to release videos of our internal systems with client data shown if we do not comply with their demands. It’s important to start with the most important points: our systems were never breached; funds were never at risk; we will not pay these criminals; we will not ever negotiate with bad actors.” Percoco says only a small fraction of users were potentially affected and that authorities are actively pursuing those responsible. “Across both incidents, only a very small number of client accounts were potentially viewed – approximately 2,00
Source: https://dailyhodl.com/2026/04/14/criminal-group-attempting-to-extort-kraken-over-exposed-client-data-chief-security-officer-says-exchange-will-not-pay-these-criminals/
