Kraken Freezes Accounts Related to FTX and Alameda After Hacker Moves Funds Through Exchange

Kraken Freezes Accounts Related to FTX and Alameda After Hacker Moves Funds Through Exchange

Kraken has frozen accounts on its platform linked to FTX and Alameda Research in order to “protect their creditors”.
The exchange has assured users that other accounts “are not affected”.
The measure is being linked to the alleged FTX hack in which an attacker drained an approximate $600 million worth of funds from the exchange, some of which was moved through Kraken.
Kraken is reportedly aware of the identity of the alleged hacker.

Crypto exchange Kraken has decided to freeze all accounts related to FTX and Alameda Research after an unknown hacker drained the now-bankrupt exchange of $600 million worth of tokens, a portion of which was moved through the Kraken exchange.
“Kraken has spoken with law enforcement regarding a handful of accounts owned by the bankrupt FTX Group, Alameda Research and their executives. Those accounts have been frozen to protect their creditors,” the exchange disclosed on Twitter on Sunday, November 13th.
United States-based Kraken assu

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