On August 19th, I reported a suspicious email to Kraken. My account was then restricted as a security measure, which I understand.
11 days later:
My funds (mostly USDC) are still with Kraken. I can trade, but cannot deposit or withdraw. Nobody from Kraken has contacted me with any meaningful explanation. My DMs to Kraken on Reddit and X/Twitter were also ignored.On August 26th, I submitted a formal complaint.
Approximately one second later, I received a response saying my complaint had been reviewed and rejected, while also stating that a specialist would contact me.
Nobody ever contacted me.
I then posted about my experience on the Kraken subreddit — and the post was removed.
I’m now escalating the matter through the appropriate financial dispute-resolution channels.
Just sharing this as a warning to other users:
I’ve been a Kraken user without any issues until now. I never had a problem with the platform itself. The problem only started when I actually needed customer support, and at that point I discovered that, in my experience, the support simply doesn’t exist.
BE CAREFUL.
submitted by /u/xndlR [link] [comments]r/CryptoCurrencyRead More
You might also be interested in reading Jim Rickards’ Explosive Predictions: Gold to $10,000, Silver to $200 in 2026.
