Hack history / 2019 / Hack or exploit
Kraken
Hack or exploit on Jun 2, 2019 · Improper Access Control
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$10.4M
dollars at the time
Returned
none listed
as the sources state it
Rank
#289
among thefts by dollars lost
What happened
A hacker compromised a whale account holding 1,200 BTC, placed orders to purchase BTC at artificially low prices, then dumped the stolen BTC to trigger execution and pocket $10.45M from liquidations of other users' positions.
Details
- Date
- Jun 2, 2019
- Kind
- Hack or exploit
- Method
- Improper Access Control
- How in
- Smart contract bug
- Target
- Centralized exchange
- Chains
- Bitcoin
Reported by
Related incidents
Certik Kraken 2024 · Hack or exploit · $3M
Coinbene 2019 · Hack or exploit · $40M
Bitrue 2019 · Hack or exploit · $4.7M
Coinbene 2019 · Hack or exploit · $40M
Bitrue 2019 · Hack or exploit · $4.7M
Cite this page
SwanBluechip, "Kraken hack, Jun 2, 2019: $10.4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htcdca829217/ (data as of 2026-11-01).