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Regulation

Bithumb hack leaks staff data and regulators launch raid

Image: CryptoSlate

South Korea's financial regulators began on-site inspections after Bithumb reported signs that abnormal external access had exposed employee information, while the crypto exchange was still checking whether customer data had been leaked. The Financial Services Commission (FSC) said in an Oct. 28 notice that the information involved employees of Bithumb, its subsidiaries and partner companies. Bithumb told an emergency meeting that the affected system supports employees' work and is not part of the core computing facilities used for crypto trading. According to the FSC, Bithumb had not confirmed a leak of information usable for fraudulent payments or crypto transfers, including wallet addresses. That finding leaves the broader assessment of possible customer-data exposure unfinished.

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