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You are here: Home / Privacy Issues / Cryptocurrency Exchange BitMEX Called “Outrageously Incompetent” for Using “CC”

Cryptocurrency Exchange BitMEX Called “Outrageously Incompetent” for Using “CC”

November 4, 2019 By John Colascione Leave a Comment

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PALM BEACH, FL – BitMex, a peer-to-peer cryptocurrency exchange founded in 2014 has accidentally emailed its users with the CC (carbon copy) field rather than the “private” BCC (blind carbon copy) field leading to outrage by many of its users.

In a tweet posted on Nov. 1, crypto-currency attorney Jake Chervinsky said the leak was done in the most “outrageously incompetent way imaginable.”

BitMEX just doxxed its users in the most outrageously incompetent way imaginable: forgetting to use blind copy on mass email. Someone must be cleaning out their desk already. https://t.co/KmARzImxnk

— Jake Chervinsky (@jchervinsky) November 1, 2019

BitMEX released an official statement on the issue, emphasizing that no personal or account information has been disclosed while elaborating on why the threat is still significant:

We appreciate our users' patience as we have worked to resolve the recent email privacy issue. We've published a blog on everything you need to know about the incident, what happened and next steps. See our blog for details: https://t.co/L3OQtYydV3

— BitMEX (@BitMEX) November 4, 2019

We would like to apologize unreservedly for the concern this has caused” adding “We are aware that many users reuse email addresses across services. This, combined with a very human tendency to reuse passwords, meant that many of our users may have been at risk due to password hash dumps on other platforms, even ones unrelated to crypto.”

One user had this to say regarding GDPR:

The fact remains that you leaked personal infos (e-mails) of EU residents to entities outside the EU, which is subject to a GDPR fine of “4% of the company’s annual turnover, or €20 Million, whichever is higher”. Sending out compensations pro-actively should be a no-brainer.

https://twitter.com/SerbanStokker/status/1191305560144121858

Just hours after the leak BitMEX’s day went from bad to worse when its Twitter account was allegedly hacked with an update warning users to “take your BTC and run”.

John Colascione 2024
John Colascione

About The Author: John Colascione is Chief Executive Officer of Internet Marketing Services Inc. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a ‘how to’ book called ”Mastering Your Website‘, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®

Filed Under: Privacy Issues, Security Issues Tagged With: BitMex, Blind Copy, BTC, Carbon Copy, CC, Crypto, Crypto-currencies, Crypto-currency, Cryptocurrencies, Cryptocurrency, Data Leak, Data Privacy Leaks, Email, Email Address, Email Addresses, Email Field, Email Threats, Emails, EU, EU General Data Protection, Europe, European Country, European Union, Exchange, gdpr, Hacked, Hacker, Hackers, Hacking, Incompetent, Internet Users, Jake Chervinsky, Leak, Leaked, Leaks, Password, Passwords, Private, Statement, Twitter, Users, Users Affected

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