Hackers Claim Stealing User Data from Bitcoin ATM Firm Coin Cloud
Some hackers have alleged that they have stolen the data of over 300,000 users in Brazil and the United States from the defunct Bitcoin ATM company Coin Cloud.
An anonymous group of hackers claims to have compromised the confidential information of approximately 300,000 Coin Cloud Bitcoin ATM customers, according to a post on X (formerly Twitter) by the alias Vx-underground cybersecurity.
In addition to confidential information, the hacker group asserts that it obtained 70,000 selfie verification records of customers.
According to Vx-underground, the hackers claim they received information from the company, including social security numbers, vocations, and physical addresses. The hackers allegedly possess users' personal information from Brazil and the United States.
In addition, the cyber group purportedly asserted that they had obtained the source code for the backend of Coin Cloud. The organization has not yet issued an official statement concerning the breach as of the date of writing.
The operator of token ATMs declared bankruptcy earlier this year. Coin Cloud announced its intent to file for Chapter 11 reorganization in a bankruptcy court in the United States on February 8.
The organization's CEO and president, Chris McAlary, asserts that the resolution will enable them to renegotiate their debt and safeguard the creditors' interests.
As of February 7, the filing revealed that the organization possessed liabilities ranging from $100 million to $500 million, whereas its assets fell within $50 million to $100 million.
