🔍Kraken, the crypto exchange, got a taste of its own medicine when "security researchers" found a vulnerability, withdrew $3M, and turned into bounty hunters. 🤠

🐙Kraken's CSO, Nick Percoco, said the bug allowed users to inflate their balance artificially. It was swiftly fixed, and no user funds were affected. But the plot thickens! 🕵️‍♂️

🎭The researchers, after finding the bug, allegedly disclosed it to two others, who then withdrew nearly $3M from Kraken's treasury. They refused to return the funds until they saw the bounty amount. "This is not white-hat hacking, it is extortion!" cried Percoco. 😱

🚫Kraken won't pay the bounty as the researchers didn't follow the rules. They're now working with law enforcement to retrieve the assets.

🍿What's your take on this crypto drama? Share your thoughts in the comments! #DeFi #Web3 #KrakenDrama 🎬