🚨#CryptoNews: Kraken's treasury hit by a bug, losing $3M to white-hat hackers! 🕵️♂️💰
• A group of hackers exploited a bug in Kraken's system, nabbing a cool $3M in digital assets.
• The bug allowed users to artificially inflate their balance and withdraw funds from Kraken's treasury.
• The issue was contained within 2 hours, but not before the hackers had their payday.
🔎 The twist? The hackers claim to be security researchers who found the bug. Instead of reporting it, they exploited it for profit.
💬 Kraken's Chief Security Officer, Nick Percoco, says they're treating this as a criminal case. The hackers refuse to return the funds, demanding an estimate of potential losses if the bug wasn't discovered.
What's your take? Was this a clever move or a step too far? Let's chat below! 👇 #DeFi #Web3