‘Dust Attack’ on Kraken Shows Challenge of Policing Crypto Flows

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Digital-assets exchange Kraken said some customers were temporarily locked out of their accounts after tiny amounts of cryptocurrency were sent to them from a wallet linked to sanctioned rival HTX. Kraken called the transfers a “dust attack,” in which small, unwanted transfers are used to disrupt or manipulate another crypto user. In this case, Kraken said the apparent aim was to trigger compliance checks by spreading sanctioned funds.

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