Kraken Says Hackers Turned to 'Extortion' After Exploiting Bug for $3M
Briefly

Kraken fixed a vulnerability found by researchers but faced 'extortion' when the researchers withdrew $3M from Kraken's treasury and demanded a bounty before returning the funds.
Researchers disclosed the vulnerability to others, withdrew funds, and refused to return them. Kraken noted the incident as 'not white-hat hacking but extortion,' declining bounty payment due to rule violation.
Read at Coindesk
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