Is mykraken.exchange a scam?

Item: mykraken.exchange
Rating: 1
Author: Stingray Security

'LIKELY SCAM'

Risk: HIGH

Website Screenshot

No screenshot available

Overview

This page is extremely likely to be a scam or pig-butchering spoof of Kraken. The site was registered only one day ago, heavily impersonates the Kraken brand, and suggests transfers to 'self-custody' through vague, unverifiable third-party infrastructure.

Why We Think This Is A Scam

Domain was registered only 1 day ago but claims to be operated by 'Payward, Inc' (Kraken's parent); clear impersonation of major exchange.

Branding and language are nearly identical to Kraken, but the official Kraken domain is kraken.com; this is an unrelated new domain.

Claims integration with legitimate Kraken accounts to induce transfers to 'self-custody' via unspecified 'Digital World' infrastructure, a classic ruse for asset draining.

No registrant/company verification details or links to actual regulatory/disclosure information; copyright claims '2026 Payward, Inc', which is highly suspicious given recent domain creation.

Encourages user login with 'Member Login', potentially phishing real Kraken credentials.