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Kraken says its being extorted following bug bounty report
Cryptocurrency exchange Kraken has revealed that a research team remains in possession of $3 million worth of digital assets it had appropriated in a recently discovered bug. An anonymous self-proclaimed “security researcher” found a critical security bug and alerted the cryptocurrency exchange on June 9. However, two accounts related to the security researcher have exploited the bug to withdraw over $3 million worth of digital assets, according to Nicholas Percoco, chief security officer of Kraken. Following the multimillion-dollar withdrawal, the security researcher is demanding a reward for the stolen funds, ... (full story)