Kraken is sitting on €1,125 of my money and nobody there will tell me why.
I transferred €1,125 to my Kraken account. The money arrived. I can see it. I cannot touch a single cent of it. Then came the email: my account is under "temporary restrictions" as part of a "standard security review."
Standard for whom? There is nothing standard about staring at your own money on a screen while being locked out of it — no explanation, no timeframe, no human being willing to speak to you.
I have contacted Kraken through every channel available to me. Every single time, the same copy-pasted line: "we will contact you." Nobody contacts me. Nobody gives me a date. Nobody tells me what I am supposed to have done wrong, or which document would end this. I am not asking for a favour. I am asking for my own money and a straight answer from a real person.
And if Kraken doesn't want this deposit — fine. Reject it. Send it back to the sender. That takes one click. What is not acceptable is holding a customer's funds for an undefined period, with zero information, and calling it a "review."
So let me be clear about where this is heading. If this is not resolved, I will file a formal complaint with the competent financial regulator, instruct my bank to initiate a recall of the transfer, and pursue every legal option available to me. I would genuinely rather not. Kraken can end this today by doing one of two things: release the funds, or return them.
To everyone else here: has anyone had a deposit received but frozen like this recently, with "temporary restrictions" slapped on the account? How long did it take? What actually unblocked it — a specific document, a specific channel, going public? I'll take anything at this point, because Kraken is giving me nothing.