Kraken Extortion Plot Explodes — Should Traders Continue To Trust Exchanges W...
The group extorting Kraken is claiming access to some client account information after two insider incidents involving customer support staff. Kraken’s Extortion Plot: An Insider-Play Yesterday, on a post on the social network X, Nick Percoco, Kraken’s Chief Security Officer (CSO), made public that a criminal group is extorting the crypto exchange with threats to release videos of their systems exposing client data. Kraken Security Update 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....
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Kraken, the US’s second-largest crypto exchange, has rejected extortion threats from a criminal group after two incidents of unauthorized access to limited client support data in the past year, reigniting investors’ concerns about insider threats. Related Reading: Trump’s Crypto Venture Secretly Built A Way To Freeze Your Funds, Investor Claims Kraken Fights Back Extortion Demands […]
At the present time, Russia and bitcoin seem to go together like peanut butter and cottage cheese. It's not exactly the most wholesome-sounding combination, and right away, our imaginations begin to run rampant. What exactly would such a concoction look like? Even worse, what would it taste like? It's no secret that Russia has not been friendly towards bitcoin in the past. News is flashing abound that the country is still aiming to ban bitcoin activities, and while censorship no longer threatens cryptocurrency-related websites on the same level it once did, the country's government has....
A group of over one dozen Connecticut residents are living in fear these days, as they have had the lives of their families threatened by an extortion plot. It is all over the desire to obtain Bitcoin from Fairfield County residents. The anonymous letters have been received within the last week, and they are threatening to kill the recipient and/or family members unless a Bitcoin ransom is paid by February 13th. Fairfield County law enforcement and the FBI are investigating 14 potential threats, sent to residents' homes in letters postmarked from Austin, Texas and Jacksonville, Florida.....
Five banks in Russia have undergone a DDoS-attack according to Artyom Sychev, Deputy Director of the General Directorate of Security and Information Protection of Russia’s Central Bank. However, the regulator had warned banks in advance about the cyber attack planned for September26. "Last Saturday monitoring channels received information that, obviously, several major financial institutions will be attacked,” said Sychev. “We contacted with banks and gave them the possible details of how the attack will take place.” Banks were able to escape harm as the attack did not affect banking....
Bitcoin exchange Kraken will launch in Japan today, aiming itself at the nation's large number of active traders and finance professionals. In its announcement, the company highlighted the strength of Kraken's security and engineering team, as well as its high trade volumes and reputation for compliance. Gaining public trust is a high priority for any bitcoin business planning to establish a Japanese base, given the local media's tendency to highlight the digital currency's association with Mt Gox and Silk Road. The new managing director of Kraken in Japan, Ayako Miyaguchi, told CoinDesk....