Kraken Insider Extortion Attempt Targets 0.02% of Client Base

Two thousand Kraken clients face the risk of their private data being leaked on social media. The breach occurred during two incidents between February 2025 and early this year. Support team members recorded videos of internal systems containing client data and demanded a ransom from the exchange. Kraken revoked the actors' system access and refused to pay the ransom. The insiders subsequently threatened to release the videos on social media. Kraken is working with law enforcement to support efforts to stop insider recruitment in the cryptocurrency, gaming, and telecommunications industries.