{"id":40908,"date":"2026-04-14T07:01:47","date_gmt":"2026-04-14T07:01:47","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=40908"},"modified":"2026-04-14T07:01:47","modified_gmt":"2026-04-14T07:01:47","slug":"criminal-group-attempting-to-extort-kraken-over-exposed-client-data-chief-security-officer-says-exchange-will-not-pay-these-criminals","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=40908","title":{"rendered":"Criminal Group Attempting To Extort Kraken Over Exposed Client Data, Chief Security Officer Says Exchange \u2018Will Not Pay These Criminals\u2019"},"content":{"rendered":"

\"\"<\/p>\n

The chief security officer at Kraken says the exchange is being targeted by a criminal group attempting to extort the company.<\/p>\n

In a new statement, Nick Percoco says<\/a> Kraken\u2019s core systems and client funds have not been compromised and that the company will not negotiate with the perpetrators.<\/p>\n

\u201cWe 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. <\/em><\/p>\n

It\u2019s 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.\u201d<\/em><\/p>\n

Percoco says only a small fraction of users were potentially affected and that authorities are actively pursuing those responsible.<\/p>\n

\u201cAcross both incidents, only a very small number of client accounts were potentially viewed \u2013 approximately 2,000 in total (0.02% of clients). Based on intelligence gathered across both incidents, along with extensive ongoing analysis, we believe there is sufficient evidence to support the identification and arrest of those responsible.\u201d<\/em><\/p>\n

According to Percoco, the first incident occurred in February 2025 after a tip revealed a video on a criminal forum appearing to show access to Kraken\u2019s client support systems. The individual involved, identified as a member of the support team, had their access immediately revoked, and affected clients were notified.<\/p>\n

A second, similar case was later uncovered and handled in the same manner. Following these actions, the criminals issued extortion demands threatening to release the materials to media and social platforms.<\/p>\n

Kraken is now working with industry partners and federal law enforcement across multiple jurisdictions to investigate the incidents.<\/p>\n

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The post Criminal Group Attempting To Extort Kraken Over Exposed Client Data, Chief Security Officer Says Exchange \u2018Will Not Pay These Criminals\u2019<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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\u2019s core systems and client funds have not been compromised and that the company will not negotiate with the perpetrators. \u201cWe are currently being extorted by a […]<\/p>\n","protected":false},"author":1,"featured_media":40909,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-40908","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nCriminal Group Attempting To Extort Kraken Over Exposed Client Data, Chief Security Officer Says Exchange \u2018Will Not Pay These Criminals\u2019 - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=40908\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Criminal Group Attempting To Extort Kraken Over Exposed Client Data, Chief Security Officer Says Exchange \u2018Will Not Pay These Criminals\u2019 - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"The chief security officer at Kraken says the exchange is being targeted by a criminal group attempting to extort the company. 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