A dispute arose between crypto security firm Certik and exchange Kraken after Certik's "white hat" security test involving a $3 million withdrawal raised questions about ethical hacking practices

in blockchain •  5 months ago 

https://blockchaingroup.io/on-chain-tracing-of-3m-exploited-and-returned-in-kraken-white-hat-attack/
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A security firm, Certik, identified a vulnerability in Kraken's crypto exchange and withdrew $3 million to test its severity. Kraken considered this theft and accused Certik of extortion.

Certik claimed it was a white-hat test and returned the funds, but some were sent through a mixing service raising concerns about their motives.

This incident highlights the murky line between ethical hacking and exploitation, potentially damaging trust in the crypto security industry.

Beware of crypto vulnerabilities!!

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