Kraken says its being extorted following bug bounty report
The bug resulted in at least $3 million worth of stolen funds, but no user funds were endangered, according to Kraken.
Cryptocurrency exchange Kraken has revealed that a research team remains in possession of $3 million worth of digital assets it had s recently discovered bug.
An anonymous self-proclaimed ‘security researcher’ found a critical security bug and alerted the cryptocurrency exchange on June 9.
However, two accounts related to the security researcher have exploited the bug to withdraw over $3 million worth of digital assets, according to Nick Percoco, the chief security officer of Kraken.
Go to Source
Author: Zoltan Vardai
