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Kraken Loses $3M in Digital Assets Due to Security Flaw Exploitation, Launches Criminal Investigation

Kraken Loses $3M in Digital Assets Due to Security Flaw Exploitation, Launches Criminal Investigation


CoinOtag
2024-06-20 00:02:18

Kraken, a well-known cryptocurrency exchange, recently identified a significant security vulnerability. The loophole allowed a research team to illicitly appropriate $3 million in digital assets. The incident has sparked a criminal investigation and raised concerns over security protocols. Kraken faces a $3 million security breach as researchers exploit a critical bug, prompting a criminal investigation.


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