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Crypto Exchange Kraken Targeted In Extortion Attempt

Crypto Exchange Kraken Targeted In Extortion Attempt

Crypto Exchange Kraken Targeted In Extortion Attempt
Crypto Exchange Kraken Targeted In Extortion Attempt

Cryptocurrency exchange Kraken says it has been targeted in an extortion attempt by a criminal group.

The privately held exchange says the criminals are threatening to release videos that provide access to internal systems that contain sensitive client data unless a ransom is paid. 

Kraken says it shutdown two instances of inappropriate access tied to individuals within its support team, each involving limited client data.

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On social media, Kraken wrote: “Our systems were never breached; funds were never at risk; we will not pay these criminals; we will not ever negotiate with bad actors.” 

This is not the first time that Kraken has…

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