Kraken restricts accounts linked to suspected $133M EU crypto theft

Crypto.com also took steps to block funds tied to the suspected theft, while Kraken said its systems and customer accounts were not compromised.

Update (Nov. 3, 2026, 8:08 pm UTC): The headline has been clarified to specify that Kraken’s account restrictions relate to accounts linked to the suspected theft. Kraken says its systems and customer accounts were not compromised.

Update (Nov. 3, 2026, 11:51 am UTC): This article has been updated with a revised headline and responses from Kraken, OKX and Crypto.com.

Kraken has restricted accounts linked to a suspected crypto theft of more than $133 million from an unidentified European Union entity and is working with law enforcement to support recovery efforts.

“This incident did not originate on the Kraken platform, and we’re actively investigating reports that some of the assets were subsequently moved through accounts on our platform,” Kraken told Cointelegraph. “We’ve restricted the accounts in question and are working with law enforcement to support recovery efforts.”

Read more