According to recent reports, cryptocurrency exchange Gemini was damaged. It is reported that 5.7 million emails were leaked due to information breach. Gemini said that “some of Gemini’s customers were recently targeted in phishing campaigns,” but the exchange claimed that “no Gemini account information or systems were affected.”
Gemini suffers ‘third-party’ related customer data breach, report billing document shows 5.7 million accounts affected
14 December 2022 , cryptocurrency news outlet Cointelegraph report alleging that “5,701,649 lines of information about Gemini’s customers” were leaked in the data breach. Her reporter, Zhiyuan Sun, wrote that the publication confirmed documents showing the leak that contained “some of Gemini’s customer email addresses and phone numbers.”
On the same day, Gemini published a blog post about protecting customers from phishing incidents, stating that a third party was responsible for the breach. “Some of Gemini’s customers have recently been targeted by his campaign of phishing, which is believed to be the result of an incident at a third party’s vendor,” said the trading platform’s blog post. clarifying. “This incident resulted in the collection of some of Gemini’s customer email addresses and phone numbers.”
Gemini’s post added:
As a result of this third-party incident, Gemini’s account information and systems were unaffected, and all funds and customer accounts remain safe.
Hardware wallet maker Ledger said he had a customer data breach in 2020, so Gemini is not the first cryptocurrency company to suffer a data breach. Last year, Indian cryptocurrency exchange Buyucoin was hacked. Sensitive data associated with 325,000 users was reportedly leaked. In July, Celsius explained that customer data was leaked before it filed for bankruptcy, and a month before he said Opensea was also suffering from the breach.
Meanwhile, Gemini’s blog post detailed that the security of customer funds and associated accounts is the exchange’s “top priority.” A statement written by Gemini also claims that the company does not encourage users to rely on “email address confidentiality in lieu of strong authentication methods.” The company also provides step-by-step instructions on how to reset the email associated with a specific Gemini account.
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