Was a bit surprised when the Kraken struck me while sailing solo on a galleon.
Of course it sunk the ship which had 6 chests aboard. I quickly returned to the spot of the attack, in fact the tentacles remained until I was about 30 seconds away.
I had the spot exactly, so what happened to my chests?
I dove around the area deep, spyglassed the surface 360. Chests were gone and no ships could have taken them.
Is this what happens if the Kraken sinks a ship?
