Kraken restricts accounts after 12,000 crypto transfers
Share
- Nearly 12,000 small crypto transfers reached Kraken-linked addresses between August 17 and 24.
- Kraken temporarily restricted affected accounts while reviewing the transfers and retained the disputed funds.
- Arkham linked the sending wallet to HTX, but HTX denied sending the funds.
Nearly 12,000 unsolicited cryptocurrency transfers reached Kraken-linked addresses between August 17 and 24.
Kraken temporarily restricted affected customer accounts while it reviewed the transactions.
The exchange later restored account access but kept the disputed funds separate during its review.
Most transfers were worth several cents or a few dollars, according to the report.
Kraken described the activity as a “dust attack” involving funds linked to sanctioned wallets.
Arkham Intelligence linked the sending wallet to HTX, based on previously identified exchange addresses.
HTX denied involvement and said it was investigating possible address-labeling errors or third-party activity.
