Security

Coin

<div class="cryptonews">
 <p class="is-style-lead">Hackers are said to have gained access to such private data as SSNs, emails, and phone numbers for more than 300,000 customers of Coin Cloud.</p>
 <p>An unknown cybercriminal (or a group of hackers) has reportedly gained unauthorized access to personal data for over 300,000 customers of the now-defunct Bitcoin (BTC) ATM provider Coin Cloud.</p>
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    <p lang="en" dir="ltr">An unknown Threat Actor(s) claim to have compromised Coin Cloud. <br><br>They allege to have exfiltrated 70,000 customer selfies (via ATM cameras), and 300,000 customers PII which includes Social Security Number, Date of Birth, First Name, Last Name, e-mail address, Telephone Number,… pic.twitter.com/TJ7RUK18Yq</p>— vx-underground (@vxunderground) November 12, 2023
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 <p>In an X post on Nov. 12, researchers for the malware repository vx-underground said the hackers have allegedly exfiltrated 70,000 customer selfies, which were made with Bitcoin ATM cameras for KYC verification.</p>
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 <p>In addition, the cybercriminals accessed personally identifiable information such as SNN, email addresses, phone numbers, and so on for more than 300,000 customers of Coin Cloud. According to vx-underground’s sources, the hackers have also allegedly gained access to data for individuals residing in the U.S. and Brazil.</p>
 <p>While it is unclear how the hackers gained access to Coin Cloud’s database, the report says they have also stolen the source code to the entire backend.</p>
 <h2 class="wp-block-heading" id="coin-cloud-bankruptcy">Coin Cloud bankruptcy</h2>
 <p>In early 2023, Coin Cloud filed for bankruptcy protection as the Las Vegas-based firm encountered “business difficulties and legal problems,” which resulted in losses of $40 million.</p>
 <p>In a filing in the U.S. Bankruptcy Court for the District of Nevada, the firm said it has 10,000 creditors with assets under management ranging between $50 million to $100 million. As per court filings, Genesis Global Capital, the troubled crypto lender, was the largest unsecured creditor of Coin Cloud, lending the firm over $100 million.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/coin-cloud-security-breach-exposes-thousands-of-user-data-tbt70035.html">https://thebittimes.com/coin-cloud-security-breach-exposes-thousands-of-user-data-tbt70035.html</a></p>

Coin Cloud security breach exposes thousands of user data

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TheBitTimes

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