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South Korean Gov’t Investigating Bithumb Security Breach, World’s Largest Cryptocurrency Exchange

Posted on October 16, 2017 by Dissent

Joseph Young reports:

Local news publications and leading media outlets in South Korea have reported that Bithumb, the world’s largest cryptocurrency exchange by trading volume, suffered a security breach that affected 30,000 users on the trading platform.

Seoul Central Prosecutor’s Office for Advanced Criminal Investigation has announced that it had taken over the case and is currently in progress of analyzing the hacking attack and linking traces back to the anonymous hacking group that successfully breached into the emails of Bithumb employees and eventually gained control over the system.

According to reports, funds of Bithumb users were not stolen during the hacking attack. But, sensitive personal and financial information of at least 30,000 users has been leaked.

Read more on 8BTC.com.


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Category: Financial SectorHackNon-U.S.Of Note

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