Kraken wrongly pulled £30,000 from my account on 25 Aug, forcing liquidation of my 3 BTC long within a minute.
They’ve since admitted it was their error, returned the £30k, and given me $1,500 in fee credits.
But my account still shows –$18,000 instead of +£17,000, and they told me I should be “grateful BTC dropped.”
If Kraken can’t keep deposits straight, nobody’s funds are safe.
Kraken error: £30,000 disappeared from my account, 3 BTC liquidated. Now they say I should be grateful the price dropped.
byu/Consistent-Relief-36 inbtc
Posted by Consistent-Relief-36
7 Comments
Self-custody homey
If only we had a p2p cash system that one could use without third parties….
Why did they take out 30k? I don’t understand why they’d do that
WTF are you doing keeping all that bitcoin without self-custody?
Lmao $1500 credit!! I wonder if they also pay their employees in fee credits
https://en.wikipedia.org/wiki/Bucket_shop_(stock_market)
In the US, buckettering was consolidated toward New York in 1922 by the Martin Act. The act gave the NYAG sweeping powers to go after any non-New York buckettering enterprise.
If you can explain that you were speculating with an app, and lost money to a fractional exchange (that failed to deliver) that wasn’t located in New York, the NYAG might go after them for you.
Not your keys, not your corn.