Key Takeaways:

• Kraken’s Chief Security Officer Nick Percoco confirmed on April 13, 2026, that the exchange will not pay extortion demands.
• Two insider incidents in February 2025 and early 2026 exposed limited support data from roughly 2,000 Kraken accounts.
• Kraken is coordinating with federal law enforcement across multiple jurisdictions and believes enough evidence exists for arrests.

Kraken Coordinates With Law Enforcement After Criminal Group Demands Payment Over Leaked Videos

Chief Security and Information Officer Nick Percoco disclosed the extortion attempt in a post on X. He stated that Kraken’s core systems were never breached, that customer funds were never at risk, and that the company will not pay.

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