Bitfinex database breach ‘seems fake,’ says CTO

Bitfinex CTO Paolo Ardoino explained that if the hacking group was telling the truth, they would have asked for a ransom, but he “couldn’t find any request.”

The claims by hacking group FSOCIETY that they hacked cryptocurrency exchange Bitfinex’s database and leaked 22,500 customer emails and passwords “seems fake,” according to Bitfinex chief technology officer Paolo Ardoino.

“If they had any real information they would have asked a ramson through our bug bounty, customer support ticket, emails, Twitter, etc. We couldn’t find any request,” Ardoino claimed in a May 4 post on X.

“We don’t store plaintext passwords, nor 2FA secrets in clear text,” he added.

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