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Hackers Claim Theft of Personal Data from Coin Cloud Customers

Unknown Hackers Claim to Have Stolen Personal Data of 300,000 Coin Cloud Customers

An unidentified group of hackers has claimed responsibility for the theft of sensitive personal data from Coin Cloud customers, a company operating Bitcoin ATMs. According to a report by cybersecurity expert vx-underground, published on the X platform, the hackers allegedly obtained selfies from 70,000 clients and personal information from 300,000 users.

Extensive Data Breach

The compromised data includes clients’ social security numbers, names, addresses, dates of birth, professions, phone numbers, and more. Censored images, purportedly depicting customer selfies and their identification details, were included in the report. Vx-underground reported that the anonymous hacker(s) shared these claims in private channels and the leaked database may soon be released online.

Implications of Coin Cloud’s Bankruptcy

Coin Cloud, which operated over 4,000 Bitcoin ATMs in the United States and Brazil, filed for bankruptcy in February due to “business difficulties and legal issues.” This resulted in losses of $40 million in the first nine months of 2022, according to the company’s former CEO cited by the Wall Street Journal. This bankruptcy appears to have contributed to the company’s increased security risks.

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