BITHUMB PROSECUTION

BITHUMB PROSECUTION

The Prosecutor’s Office of Seoul has charged one of the largest Bitcoin exchanges in South Korea, Bithumb, with a leak of confidential financial data of over 31 thousand users, as a result of which in July 2017 considerable funds were stolen from the platform. This writes Cryptonews with reference to ZDNet Korea.

In addition to Bithumb, in the framework of the same case, accusations of violating the law on managing information networks and the law on information protection were brought against the travel agency Hana Tour and With Innovation, the operator of the hotel booking application Yeogi Eottae.

The prosecutor’s office believes that Bithumb did not take adequate measures to ensure security. In particular, all data about users who later ended up in the hands of hackers was stored in one computer, and the employee of the exchange who worked on this device did not even use anti-virus programs.

The prosecutor’s office also believes that this leak led to anther hacking of Bithumb, the second in 2017, which resulted in nearly $ 7 million being stolen. Representatives of the exchange have denied the connection between these incidents, however.

Recall that in June 2018, Bithumb was again hacked, this time about $ 31 million was stolen from the platform.

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2019-06-21T17:51:58+00:00
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