Data Leak Cryptocom Fires Back At Unfounded Allegations
pAccording to Bloomberg and several other news outlets Cryptocom has pushed back against a report that a 2023 breach exposed user details and was kept from authoritiesppThe story centers on a hacking group known as Scattered Spider and a young suspect who according to reports used phishing and social engineering to access an employee account Cryptocom says the claims that it hid the incident are unfoundedppCryptocoms leadership has said the incident was reported to regulators at the time CEO Kris Marszalek and company spokespeople told reporters that the breach affected a very small number of individuals involved limited personally identifiable information PII and did not put customer funds at riskppBased on reports the firm says it notified US regulators and relevant jurisdictional authorities about the matter in 2023 The company called any suggestion of a coverup misinformationppI want to directly and clearly address some misinformation spreading from uninformed sources
Any suggestion that we did not report or disclose a security incident is completely unfounded as we reported in a NMLS Notice of Data Security incident filing and in additionalpp Kris Cryptocom kris September 22 2025ppppBloombergs investigation names Scattered Spider and one alleged member 18yearold Noah Urban as central to the operation Reports say the attackers used social engineering and phishing to trick an employee into giving access and that the intrusion happened sometime before early 2023ppMultiple outlets repeated Bloombergs account while some pieces added details about the groups past campaigns against major companies Cryptocom confirmed a limited breach but disputed claims that the company intentionally withheld the event from regulatorsppppOnchain investigator ZachXBT publicly criticized Cryptocom after the reporting arguing the exchange should have made the incident public and notified affected users directlyppBad news Your team covered up a breach that impacted the personal information of your users pictwittercom1xqmJyqm5ipp ZachXBT zachxbt September 21 2025ppppOther security watchers said the crypto industry needs clearer standards about when exchanges must disclose breaches to the public versus regulators Reports have disclosed conflicting timelines about when regulators were told and when any affected customers were informed leaving several questions unsettledppTheyve been breached several times httpstcoptAHq1ZTOGpp ZachXBT zachxbt September 21 2025ppppThe number of users affected remains unknown and the exact data fields involved passport scans phone numbers or email addresses have not been detailed in public documentsppCryptocom maintains that no funds were taken No independent forensic reports or full thirdparty audits confirming the scope have been made publicppThat lack of clarity has prompted calls from the community for greater transparency and formal confirmation from outside expertsppFeatured image from Woden Valley Plumbing chart from TradingViewppFor updates and exclusive offers enter your emailpp
Christian a journalist and editor with leadership roles in Philippine and Canadian media is fueled by his love for writing and cryptocurrency Offscreen hes a cook and cinephile whos constantly intrigued by the size of the universe ppBitcoin news portal providing breaking news guides price analysis about decentralized digital money blockchain technologypp 2025 Bitcoinist All Rights Reservedp
Any suggestion that we did not report or disclose a security incident is completely unfounded as we reported in a NMLS Notice of Data Security incident filing and in additionalpp Kris Cryptocom kris September 22 2025ppppBloombergs investigation names Scattered Spider and one alleged member 18yearold Noah Urban as central to the operation Reports say the attackers used social engineering and phishing to trick an employee into giving access and that the intrusion happened sometime before early 2023ppMultiple outlets repeated Bloombergs account while some pieces added details about the groups past campaigns against major companies Cryptocom confirmed a limited breach but disputed claims that the company intentionally withheld the event from regulatorsppppOnchain investigator ZachXBT publicly criticized Cryptocom after the reporting arguing the exchange should have made the incident public and notified affected users directlyppBad news Your team covered up a breach that impacted the personal information of your users pictwittercom1xqmJyqm5ipp ZachXBT zachxbt September 21 2025ppppOther security watchers said the crypto industry needs clearer standards about when exchanges must disclose breaches to the public versus regulators Reports have disclosed conflicting timelines about when regulators were told and when any affected customers were informed leaving several questions unsettledppTheyve been breached several times httpstcoptAHq1ZTOGpp ZachXBT zachxbt September 21 2025ppppThe number of users affected remains unknown and the exact data fields involved passport scans phone numbers or email addresses have not been detailed in public documentsppCryptocom maintains that no funds were taken No independent forensic reports or full thirdparty audits confirming the scope have been made publicppThat lack of clarity has prompted calls from the community for greater transparency and formal confirmation from outside expertsppFeatured image from Woden Valley Plumbing chart from TradingViewppFor updates and exclusive offers enter your emailpp
Christian a journalist and editor with leadership roles in Philippine and Canadian media is fueled by his love for writing and cryptocurrency Offscreen hes a cook and cinephile whos constantly intrigued by the size of the universe ppBitcoin news portal providing breaking news guides price analysis about decentralized digital money blockchain technologypp 2025 Bitcoinist All Rights Reservedp
