We provide a wide range of cryptographic products and services to millions of clients in over 190 countries. Last year, we received data requests from law enforcement and government agencies in 71 countries.
Combining the demands of global law enforcement and regulatory agencies, an increase of 38.6% in 2024 in 2023
The US agency issued 28.6% of all data requests in 2024
Kraken received 6,826 data requests in 2024. The United States, as ever, issued the largest (1,951) of any country. The FBI had the most demands (614) among US agencies.
Although demands from US agencies were widespread at federal, state and local levels, most of the requests received came from law enforcement. The most common requests from US agencies where data was provided are:
The SEC accounted for only 1.9% of the total requests for US agencies, but issued 37.3% of all US regulatory authorities’ requests.
Provided 57% of the data of requests
Data for a total of 10,369 accounts have been requested. This can mostly be for clients in the US (34.5%), the UK (8.8%), and Germany (8.5%).
Many types of information requests are received, and Kraken has strict policies and procedures to comply with laws and regulations and protect client privacy while providing data when there is a legal obligation.
Promoted by a dedicated team of compliance experts
Our compliance team is an association of veteran AML professionals, lawyers, former law enforcement officers, certified anti-money laundering specialists (ACAM) accredited analysts, and many other cryptocurrency-related accredited experts. It is composed of.
They work to ensure that we carry out appropriate research and monitoring for our clients and the industry. We continue to expand and strengthen our compliance programs to efficiently and professionally meet the requirements of law enforcement and regulatory agencies.
Industry-leading data security practices
The privacy of your personal information is very important to us. We are committed to protecting your information through our dedicated design efforts of our security and data privacy teams. For over a decade, we have built industry-leading security practices led by some of the world’s top security experts.
These materials are for general information purposes only and are not investment advice or recommendations or solicitations to purchase, sell, bet or hold CryptoAssets or engage in any particular trading strategy. Kraken does not work to raise or lower the prices of certain CryptoAssets that become available. Some crypto products and markets are regulated, while others are not regulated. Anyway, Kraken may or may not need to be registered or permitted to provide specific products and services in each market. It may also not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the CryptoAsset market can lead to losses of funds. Taxes may be paid for returns and/or increased value of crypto assets, and you must seek independent advice on your tax position. Geographical restrictions may apply. Please see this legal disclosure by jurisdiction.
