HTX denies involvement in address-poisoning scheme after Kraken froze user funds totaling up to $4.2M.
Regulation & Gov ·
HTX has denied involvement in address-poisoning activity following reports that Kraken froze user funds totaling up to $4.2 million linked to the exchange. According to an internal review, HTX found no evidence that its official accounts participated in the transfers in question.
The dispute centers on whether HTX-associated addresses were used in address-poisoning schemes—a tactic in which attackers send small amounts to users' wallets from addresses designed to mimic legitimate ones, attempting to trick subsequent transactions. HTX acknowledged that some users may have acted independently after their funds remained frozen on Kraken, and cited known cases involving the $4.2 million figure.
What remains unclear is the full scope of affected users, the timeline of the frozen funds, and whether Kraken's action will be reversed pending further investigation. The exchange has not publicly detailed the specific addresses or transactions under review, nor has it confirmed whether the address-poisoning activity originated from HTX systems or independent actors claiming a connection to the platform.