A Few Cents Can Freeze Crypto Accounts: Kraken Dust Attack Linked to HTX Wallets

• Kraken restricted accounts after nearly 12,000 transfers from a wallet linked to sanctioned HTX. 
• Kraken called it a “dust attack” to spread sanctioned funds and trigger checks. 
• HTX denies sending the transfers and says it is investigating the incident.

A few cents of unwanted crypto may be enough to trigger a compliance review at a centralized exchange, exposing a new operational risk for traders.

Kraken temporarily restricted some customer accounts after nearly 12,000 small crypto transfers were sent between August 17 and 24 from a wallet identified by Arkham Intelligence as linked to the sanctioned exchange HTX. Most of the transfers were worth only a few cents or dollars, according to the information provided.

Kraken described the activity as a “dust attack”, saying the transfers appeared designed to spread sanctioned funds across other platforms an…

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