Bitcoin

Breaking News: Cyber Hackers Strike Again, Unveiling a Heist from Coin Cloud’s Crypto ATM Firm!




Anonymous Hackers Claim to Steal Personal Information from Bitcoin ATM Company

Anonymous Hackers Claim to Steal Personal Information from Bitcoin ATM Company

An anonymous group of hackers recently announced that they have successfully stolen personal information from approximately 300,000 customers of Coin Cloud, a Bitcoin (BTC) ATM company. The news was first revealed by the pseudonymous cybersecurity account Vx-underground on X (formerly Twitter).

The hacker group claims to have compromised Coin Cloud and gained access to sensitive customer data, including 70,000 customer selfie verification data. The stolen information reportedly includes personal details such as occupations, physical addresses, social security numbers, and more. The group also claims to have obtained data from both US residents and users from Brazil.

In addition to personal information, the hackers also allegedly accessed the source code for Coin Cloud’s back end. At the time of writing, Coin Cloud has not released an official statement regarding the hack.

Cointelegraph reached out to both Coin Cloud and Vx-underground for further comments but did not receive an immediate response.

Bankruptcy Filing and Financial Status

Earlier this year, Coin Cloud filed for bankruptcy. On February 8, the company announced that it would file for Chapter 11 reorganization in a United States bankruptcy court. The decision was made to rework their debt and protect the interests of their creditors.

According to Chris McAlary, the CEO and president of Coin Cloud, the company had liabilities between $100 million and $500 million, while their assets were valued between $50 million and $100 million. The bankruptcy filing was a strategic move to address their financial situation.

Conclusion

The hacking incident involving Coin Cloud and the theft of personal information from their customers is a significant breach of security. It highlights the ongoing risks associated with storing personal data in digital systems and the importance of robust cybersecurity measures.

As individuals, it is crucial to remain vigilant about the security of our personal information and take necessary precautions to protect ourselves from potential cyber threats.

Disclaimer: This article is for informational purposes only. It should not be considered financial or investment advice. Please consult with a professional before making any financial decisions.


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