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 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 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.
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”.
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®