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An anonymous hacker group has claimed responsibility for a major data breach involving approximately 300,000 customers of Coin Cloud, a Bitcoin ATM company.
The cybersecurity account known as Vx-underground, which previously operated on Twitter, disclosed this information.
According to the hackers, they successfully infiltrated Coin Cloud’s systems, compromising sensitive customer data.
The breach reportedly resulted in the theft of personal information from the affected customers.
This data includes Social Security Numbers, Date of Birth, First and Last Names, email addresses, and telephone numbers.
Additionally, the hackers claim to have accessed 70,000 customer selfies, which were apparently captured by the ATM cameras for verification purposes.
Furthermore, the compromised data pertains not only to US residents but also extends to users from Brazil.
In a startling revelation, the hacker group declared that they had also managed to obtain the source code for Coin Cloud’s backend systems.
As of now, Coin Cloud has not issued an official statement addressing the security breach.
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In the wake of these alarming developments, Cointelegraph attempted to contact both Coin Cloud and Vx-underground for further comments.
Regrettably, there has been no immediate response from either party.
Adding to the complexity of this situation is the fact that Coin Cloud had previously filed for bankruptcy earlier in the year.
On February 8th, the company publicly announced its decision to file for Chapter 11 reorganization in a United States bankruptcy court.
According to Chris McAlary, the CEO and president of Coin Cloud, this step was taken to restructure the company’s debt and safeguard the interests of its creditors.
Financial documents from February 7th revealed that Coin Cloud had liabilities ranging from $100 million to $500 million, while its assets were valued between $50 million and $100 million.
The breach and subsequent data theft pose serious concerns for Coin Cloud customers, as their personal information has been exposed to potential misuse.
The company’s response to this incident, as well as any further developments in the investigation, will undoubtedly be closely monitored in the coming days.
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Hackers Claim Data Breach of 300,000 Coin Cloud Customers

Crypto Intelligence

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