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Kronos Research Incident Analysis

ID: feea4fce-a0e2-55b5-b783-d20990abd15a

STIX ID: report--feea4fce-a0e2-55b5-b783-d20990abd15a

Feed Name: CertiK Blog

Threat Score
72/100

Date Published: 2023-11-20

Date Updated: 2026-06-11

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Kronos Research disclosed on 18–19 November 2023 that an attacker with access to their exchange API keys withdrew roughly $26M in crypto (USDT, WOO, WBNB, BNB) from CEX accounts; on-chain tracing shows funds consolidated into multiple Ethereum addresses. The report details the timeline of withdrawals, asset tracing to consolidating wallets, and discusses how API key compromises enable withdrawal and trading abuse.

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