Bitfinex CTO Debunks Rumors of Data Breach by Ransomware Group: No Threat to Crypto Coin Security

Bitfinex CTO Debunks Rumors of Data Breach by Ransomware Group: No Threat to Crypto Coin Security

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  • In a surprising development, Bitfinex CTO Paolo Ardoino has refuted allegations of the exchange being implicated in a large-scale data breach.
  • The hacking group FSOCIETY had claimed to have successfully breached the security measures of several entities, including Bitfinex, and demanded a ransom to avoid the leak of sensitive data.
  • Despite the expiry of the one-week deadline set by the hackers, none of the targeted establishments have confirmed a server breach or the payment of a ransom.

Bitfinex CTO Paolo Ardoino dismisses rumors of a significant data breach at the exchange, following claims by hacking group FSOCIETY. The CTO assures users that all funds are safe and that the allegations are being thoroughly investigated.

Bitfinex CTO Responds To Data Breach Rumors

On May 4th, Bitfinex CTO Paolo Ardoino addressed the rumors of a breach of the exchange’s servers and security on the X platform. Ardoino stated that the ransomware group never directly contacted the exchange about any data breach, and they only learned about the claim on May 3rd. He further noted that only 5,000 of the supposedly stolen 22,500 emails match that of Bitfinex customers, suggesting that the hackers merely co... Read the full article for FREE at COINOTAG!

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