A conflict has erupted among CertiK, Kraken, and the #Cryptocommunity due to a discovered exploit
🔍 CertiK was identified as the entity that reported the bug. They claimed to have found critical vulnerabilities in Kraken's systems, potentially leading to losses of hundreds of millions of dollars. CertiK also alleged that Kraken's security team threatened their employees, demanding an "inappropriate" payment within "unreasonable" deadlines.
#Kraken countered, saying they requested a full report and the return of the funds, accusing CertiK of unethical hacking and extortion for not complying.
The crypto community on X questioned CertiK's actions:
▪️Why did CertiK withdraw so much money if the bug could be proven with smaller amounts?
▪️ Why did CertiK transfer all funds to Tornado Cash?
▪️ Analysts found contradictions in CertiK reports.
▪️ Similar anomalies were noticed on other exchanges.
Users began to doubt #CertiK competence and suspect its employees of malicious actions against various projects🧐
