Bitfinex CTO denies new allegations of user data hack, assures funds are secure

tldr; Bitfinex CTO Paolo Ardoino has refuted claims by a ransomware group, “FSOCIETY,” that they hacked the exchange and obtained 2.5TB of data and personal details of 400,000 users. Ardoino labeled the hack claims as “fake” and reassured that user funds are secure. He highlighted discrepancies in the hackers’ data, noting that Bitfinex does not store passwords or 2FA secrets in plain text. Of the leaked emails, only a fraction matched Bitfinex users, suggesting the data might have been reused across multiple sites. Ardoino also pointed out the hackers’ unusual silence, as they did not contact Bitfinex directly, which is atypical for ransomware attacks. Bitfinex has found no evidence of a breach upon reviewing their systems.

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