Turkish cryptocurrency platform admits to a 2018 data leak in which 500,000 users’ personal information was compromised.

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On internet forums, criminals attempted to sell users’ names, ID numbers, emails, and addresses.

BtcTurk, a major Turkish cryptocurrency exchange, disclosed a data breach that occurred in mid-2018 and exposed confidential information for over 500,000 customers.

According to the official announcement, the compromised data collection includes the names, resident ID numbers, emails, addresses, birthdates, and cell phone numbers of BtcTurk users.

Last Friday, the stolen data collection was listed for sale on an online forum, along with sample details as evidence. According to the seller, the details also includes user selfies with ID, which is a standard approval prerequisite for crypto exchanges.

Last Friday, the stolen data collection was listed for sale on an online forum, along with sample details as evidence. According to the seller, the details also includes user selfies with ID, which is a standard approval prerequisite for crypto exchanges.

Users who discovered their personal information in the survey data used crypto Twitter to post their discoveries over the weekend. BtcTurk dismissed the charges at the time, emphasising that no existing data breach had been discovered.

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The company acknowledged the leaked user data on Monday, stating that the data set contains sensitive info of 516,954 users registered to the exchange before July 2018. BtcTurk said that users’ funds were safe. Shortly before the official announcement, the forum thread that was selling the leaked data was removed.

“The leaked data sample is related to a raw data extracted from our database in July 2018 that was about to be shared with one of our partners within the scope of the law.”

The leak was caused by a security breach within the storage medium, according to the BtcTurk security team.

User credentials in the leaked data collection were irreversibly disguised with the PBKDF2 algorithm, making any effort to recover passwords with existing technologies impossible.

The announcement reassured users that their balance information, bank accounts, ID selfies, financial passwords, and other eligible information are safe. According to the exchange, it is reaching out to possible victims of the data breach.

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