Kraken Says Hackers Turned to 'Extortion' After Exploiting Bug for $3M
Summary
Kraken exchange fixed a vulnerability reported by a security researcher, preventing any user funds from being affected. However, the researcher and two others allegedly withdrew $3 million from Kraken's treasury. They demanded a call with Kraken's business development team and refused to return the funds until a speculated amount for the bug was provided. Kraken, disappointed by the experience, is working with law enforcement to retrieve the assets and stated that the researchers won't receive the bounty for not following the program's rules.
