Crypto News – Paolo Ardoino, chief technical officer of Bitfinex, said that the hacking group Fsociety‘s allegations that it breached Bitfinex’s database and stole 22,500 client emails and passwords “seems fake.”
Bitfinex Database Breach: CTO Paolo Ardoino Claims the Data Breach Was Fake
Just 5,000 of the 22,500 records of emails and passwords matched Bitfinex users, according to Ardoino’s clarification. It’s more plausible, he said, that hackers obtained information from prior cryptocurrency data breaches.
If they had any real information they would have asked a ramson through our bug bounty, customer support ticket, emails, Twitter, etc. We couldn’t find any request. We don’t store plaintext passwords, nor 2FA secrets in clear text. Most users unfortunately use the same email and passwords across multiple sites,
Ardoino
Ardoino Assures that Funds are Safe
In addition, he distributed a message from a security researcher who thinks the hackers were using Bitfinex as a means of promoting a hacking tool for data retrieval.
So by creating a buzz about successfully hacking wellknown companies / a university, it is an advertisement of how good their tool is and others should buy it so they can make millions of dollars by using it to exploit companies using this tool.
The message
Users were reassured by Ardoino that although they would continue to look into the matter, no breaches had been found and all “funds are safe.”
Leave a comment