Kraken and CertiK Clash Over $3 Million Crypto Exploit

Accusations of extortion and misconduct fly as Kraken recovers funds from bug bounty dispute.

Kraken accused CertiK researchers of exploiting a bug to steal $3 million in digital assets.
CertiK claimed it was testing Kraken's system and planned to return the funds.
Kraken labeled CertiK's actions as extortion and involved law enforcement.
CertiK faced scrutiny for using a blacklisted crypto mixer, complicating its defense.
Kraken confirmed the return of the funds, minus transaction fees.