Unidentified Hackers Steal Sensitive Data From Bankrupt Bitcoin ATM Coin Cloud
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Unidentified Hackers Steal Sensitive Data From Bankrupt Bitcoin ATM Coin Cloud

  • Unidentified hackers have claimed to have compromised Coin Cloud.
  • The group claimed to have stolen 70,000 customer files and 300,000 pieces of personal information.
  • The collected sensitive information belongs to users from the United States and Brazil.

An anonymous hacking organization allegedly hacked Coin Cloud, a Bitcoin ATM provider. According to vx-underground, a malware code library, the organization claimed to have stolen 70,000 client files and 300,000 pieces of personal information from Bitcoin ATM users.

Vx-underground announced the security breach on X (formerly Twitter), noting that the hackers claimed to have stolen sensitive information such as social security number (SSN), date of birth, first name, last name, e-mail address, telephone number, current occupation, physical address, and more.

According to vx-underground, the hackers claimed to have stolen the source code for Coin Cloud’s entire backend as well as sensitive information belonging to users in the United States and Brazil. 

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Vx-underground’s article featured a chunk of the supposed source code as well as selfies of various Coin Cloud customers, as well as some of the details supplied by the hackers.  The hacker group allegedly shared the leaked database on private social media channels and intends to publish it online soon.

According to the Wall Street Journal, Coin Cloud declared bankruptcy in February of this year due to “business difficulties and legal problems.” The CEO of the Bitcoin ATM operator, Chris McAlary, stated that the problems they encountered cost them more than $40 million in the first nine months of 2022.

The recently disclosed case adds to the growing list of security concerns affecting the cryptocurrency industry. On October 30, Coin Edition reported on a rug pull in which clones of MEME, MEMEPAD, and TITANX lost 100% of their value due to cybercriminals’ actions.

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