Bitfinex Responds to Allegations of Data Breach Impacting Thousands of Users: Implications for Bitcoin (BTC) Holders

• Bitfinex, a leading cryptocurrency exchange, has been accused of experiencing a data breach.
• The allegations were made by research firm Shinoji Research, claiming that hackers have obtained user data from Bitfinex, including a 2.5 TB data leak.
• However, Bitfinex CTO and Tether CEO, Paolo Ardoino, has responded to these allegations, stating that the hack appears to be ‘fake’ and that the funds are safe.

Bitfinex, a major player in the cryptocurrency exchange market, has been accused of a data breach. However, the company’s CTO has dismissed these allegations as ‘fake’ and reassured users that their funds are secure.

Allegations of a Data Breach at Bitfinex

According to Shinoji Research, a research firm, Bitfinex has fallen victim to a data breach. The firm alleges that hackers have obtained a significant amount of user data from the cryptocurrency exchange, including a 2.5 TB data leak. The ransomware group Fsociety has claimed responsibility for the alleged hack.

Bitfinex’s Response to the Allegations

In response to these a... Read the full article for FREE at COINOTAG!