Bloomberg: Kraken Hit by ‘Dust Attack’ as Nearly 12,000 HTX-Linked Transfers Trigger Compliance Reviews

Bloomberg reported that Kraken said some customers were temporarily locked out after receiving small crypto transfers from a wallet identified by Arkham Intelligence as linked to HTX. Kraken described the activity as a “dust attack,” saying it may have been intended to spread sanctioned funds and trigger compliance reviews at other platforms.

From Aug. 17 to 24, the wallet sent nearly 12,000 small transfers to Kraken-linked addresses, mostly worth only a few cents or dollars. Kraken has restored access to affected accounts while continuing to hold the sanctioned funds. HTX denied initiating the transfers and said it is investigating possible address misattribution or malicious third-party activity.

Bloomberg: Kraken Hit by ‘Dust Attack’ as Nearly 12,000 HTX-Linked Transfers Trigger Compliance Reviews

Bloomberg reported that Kraken said some customers were temporarily locked out after receiving small crypto transfers from a wallet identified by Arkham Intelligence as linked to HTX. Kraken described the activity as a “dust attack,” saying it may have been intended to spread sanctioned funds and trigger compliance reviews at other platforms.

From Aug. 17 to 24, the wallet sent nearly 12,000 small transfers to Kraken-linked addresses, mostly worth only a few cents or dollars. Kraken has restored access to affected accounts while continuing to hold the sanctioned funds. HTX denied initiating the transfers and said it is investigating possible address misattribution or malicious third-party activity.

Source:https://twitter.com/wublockchain/status/2092260509181510009