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Kraken User Loses $18.2M in Crypto Social Engineering Attack as Funds Move via Thorchain: ZachXBT Skip to main content

Kraken User Loses $18.2M in Crypto Social Engineering Attack as Funds Move via Thorchain: ZachXBT

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A Kraken user appears to have lost roughly $18.2 million in cryptocurrency after a suspected social engineering attack, with stolen funds now moving across blockchains


Kraken Account Targeted in $18M Scam as Funds Bridge to Bitcoin

Blockchain investigator ZachXBT flagged the incident on March 31, 2026, via his Telegram channel, pointing to a coordinated theft followed by rapid asset transfers designed to obscure the trail. The attacker reportedly gained access through tactics commonly tied to phishing or impersonation schemes, rather than exploiting a technical flaw in the exchange itself



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