Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud
A prominent hacking group calling itself “CoinCloud Hacking Collective” recently claimed responsibility for launching an attack on the now-defunct Bitcoin ATM firm Coin Cloud, resulting in the theft of the sensitive data of 70,000 of its customers.
Coin Cloud filed for bankruptcy in early August after reportedly suffering a series of financial issues and failing to meet customer needs. The firm had operated a network of Bitcoin ATMs throughout the United States and Canada, facilitating digital asset transfers between buyers and sellers.
In a statement released by CoinCloud Hacking Collective, the group said it “gained access to all of Coin Cloud’s internal systems” and was able to extract sensitive personal information, including names, email addresses, phone numbers, and addresses. The group also said that it had been able to access customer financial details, including credit and debit card numbers, bank account numbers, and other payment information.
The group posted a list of the details they were able to steal on a publicly accessible website, though it is unclear if the information was released to the public or not. The post has since been removed.
Coin Cloud reportedly did not comment on the incident, and no charges have been filed against the company. The firm is yet to issue a formal statement or contact its customers to inform them of the data breach. It is unclear what security measures the firm had in place to protect customer data.