In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

My Kraken Wallet has been compromised

Last updated: March 9, 2026

It is important to take immediate action to prevent any further access to your assets if they still remain in your Kraken Wallet.

  • If any assets remain in your compromised wallet, immediately withdraw them to a safe location (e.g., a crypto trading platform or custodian) or transfer assets to a new wallet with a new Secret Recovery Phrase.

  • If your wallet is compromised it is wise to assume that your Secret Recovery Key is compromised. This means importing your wallet to a new device will not resolve the issue.

  • Unfortunately, Kraken is unable to assist with the recovery of any disputed funds due to the irreversible nature of cryptocurrency transactions.

To prevent any further unauthorized activity we recommend to:

Secure your devices:

  • Scan all devices for malware.

  • Remove all unofficial Kraken Apps from your mobile devices.

  • If you did download suspicious apps or files to your device; backup any important data and reset all your devices to factory settings.

Secure your email accounts:

  • Change or add Two-Factor Authentication (2FA) to your email account.

  • Change the password of your email account while following these guidelines.

If you have a Kraken exchange account, secure your account:

  

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