Kraken wasn’t hacked.
An insider accessed client data → now criminals are extorting them.
This is the risk of custodial, KYC-heavy systems.
With a self-sovereign, KYC-free Point of Sale:
• No honeypot
• No client data to leak
• No one to extort
EclairBTC ⚡
Kraken Extortion Plot Explodes — Should Traders Continue To Trust Exchanges With Their Personal Data? — TradingView News


