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Is Kraken safe?

Short answer: Is Kraken safe?

No customer-funds hack in our sourced record for Kraken. Other incidents on record: data breach (2026-04); treasury loss (2024-06). Regulatory actions in the last 5 years on record: 1.

Data as of · Last updated · By VaultRubric Research · How we score · Not investment advice.

No customer-funds hack in our sourced record for Kraken. Other incidents on record: data breach (2026-04); treasury loss (2024-06). Regulatory actions in the last 5 years on record: 1.

This page answers “Is Kraken safe?” only from VaultRubric's sourced record (security incidents, regulatory actions, licensing and protections), as of 2026-10-11. It is not a guarantee: no platform is risk-free, and safety also depends on how you use it (2FA, phishing, backups).

How we rate it

Security & track record: 7.2/10. base 7, +1 proof of reserves, +1 regulation/licensing cited, −0.25 treasury loss (2024-06), −0.5 data breach (2026-04), −1 civil settlement (2023-02)

Overall VaultRubric score across all exchange options we track: 64.5% (data coverage 100%). How incidents are scored · hack cap.

Security incidents on record

DateTypeWhat happenedSources
2026-04data breachInsider-filmed support systems; ~2,000 accounts potentially viewed; extortion attempt; no funds at riskwww.theblock.co
2024-06treasury lossDeposit bug exploited for ~$3M from Kraken treasury (not client assets); funds returnedwww.theblock.co

Protections and licensing

Regulatory actions

Compare Kraken

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FAQ

Is Kraken safe?

No customer-funds hack in our sourced record for Kraken. Other incidents on record: data breach (2026-04); treasury loss (2024-06). Regulatory actions in the last 5 years on record: 1. No platform is risk-free; see the full record on this page.

Has Kraken been hacked?

Not in our sourced record of customer-funds hacks. Other incidents on record: 2024-06 treasury loss; 2026-04 data breach

How does VaultRubric score Kraken?

Kraken scores 64.5% across all exchange options we track, with 100% data coverage. See /methodology.

Disclosures

Not investment or financial advice. VaultRubric compares platforms, not investments. Crypto is risky and rates change often; verify details on the provider's official site. Affiliate disclosure: some links may be affiliate links and we may earn a commission; this never changes scores. Details.