Kraken recently disclosed a critical security flaw that allowed attackers to inflate account balances without depositing funds. Initially detected through Kraken’s Bug Bounty program, the issue prompted serious investigation, despite numerous false reports received daily.

After some ambiguity, CertiK claimed responsibility for identifying the vulnerability, highlighting its severity. They cited flaws in Kraken’s defense systems and the potential for significant financial impact.

In response, CertiK alleged that Kraken demanded a $3 million repayment without proper communication, leading CertiK to transfer funds to an accessible account themselves. This move raised community concerns, questioning CertiK’s actions and motives.

Kraken has not yet commented on CertiK’s claims and actions.

Kraken recently disclosed a critical security flaw that allowed attackers to inflate account balances without depositing funds. Initially detected through Kraken’s Bug Bounty program, the issue prompted serious investigation, despite numerous false reports received daily.

After some ambiguity, CertiK claimed responsibility for identifying the vulnerability, highlighting its severity. They cited flaws in Kraken’s defense systems and the potential for significant financial impact.

In response, CertiK alleged that Kraken demanded a $3 million repayment without proper communication, leading CertiK to transfer funds to an accessible account themselves. This move raised community concerns, questioning CertiK’s actions and motives.

Kraken has not yet commented on CertiK’s claims and actions.