Tether CEO Denies Bitfinex Data Breach by FSociety

• Bitfinex CTO Paolo Ardoino refutes allegations of a data breach involving the cryptocurrency exchange.
• The false reports originated from a tweet by Alice of Shinoji Research, who alleged a large-scale data breach based on claims from a hacking group called FSociety.
• Ardoino reiterated that Bitfinex’s user database remained secure and that the alleged hackers posted lists of stolen emails and passwords from unrelated breaches.

Bitfinex CTO Paolo Ardoino has denied recent allegations of a data breach involving the cryptocurrency exchange, describing the claims as “fake”. The false reports originated from a tweet by Alice of Shinoji Research, who alleged a large-scale data breach based on claims from a hacking group called FSociety.

Bitfinex’s Response to Allegations

Following the rumors, Bitfinex conducted an internal review to verify the integrity of its user database. Ardoino confirmed that the review concluded the claims were fake. He stated, “As I said on Saturday, Bitfinex’s user database was not breached. We spent the weekend reviewing all internal data to avoid leaving any stone unturned. We concluded that the claim was fake, as suspected from the beginning.”

Origin of the False Reports

The false reports originated from a tweet by Alice of Shinoji Research, who alleged a large-scale data breach based on claims from a hacking group called FSociety. The tweet suggested that Bitfinex’s database, comprising 2.... Read the full article for FREE at COINOTAG!