Bitfinex CTO Refutes Data Breach Claims, Confirms User Security Intact

Bitfinex's Chief Technology Officer, Paolo Ardoino, has formally dismissed allegations of a data breach at the cryptocurrency exchange, asserting the security of user data remains uncompromised. Over the past weekend, Ardoino conducted a detailed internal review in response to claims of a severe data breach, which he has now confirmed were baseless.



The controversy began last Saturday when a report by Alice of Shinoji Research suggested that Bitfinex had fallen victim to a data breach orchestrated by a hacking group known as FSociety. The claim, which was swiftly retracted, alleged that approximately 2.5 terabytes of data, including the personal details of some 400,000 users, had been stolen during an attack dated April 26. However, this tweet was later removed.



In clarifying the situation, Ardoino explained that the supposed


First found on: Cryptonews from Coinatory