Kraken faces criminal extortion attempt

Digital asset exchange Kraken has reported a criminal extortion attempt targeting the company. A criminal group is threatening to release internal videos containing client data unless Kraken meets their demands. Kraken's Chief Security Officer, Nick Percoco, disclosed the situation via a post on X. The exchange is currently dealing with this serious security threat, which involves potential data exposure if the extortionists are not appeased. Further details regarding the specific demands or the nature of the data have not been fully disclosed.