Crypto exchange Kraken targeted in extortion attempt but says there was no breach and no client funds at risk

The firm said a criminal group is attempting to extort it over limited insider-related data access incidents affecting about 2,000 accounts. Kraken says it will not pay and is working with law enforcement. What to know : Kraken said a criminal group is attempting to extort the company by threatening to release videos of internal systems, but no breach occurred, and funds were never at risk. Two insider-related incidents involving unauthorized access to limited support data affected roughly 2,000 accounts. The exchange has notified impacted users, tightened controls and is working with law enforcement on potential arrests.