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Bitfinex’s Tether CEO Denies Cyberattack Amidst F Society Ransom Demands

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In the midst of claims by a ransomware group known as F Society, who allege to have infiltrated Bitfinex and extracted 2.5 terabytes of data, including personal details of around 400,000 users, top officials at the cryptocurrency exchange remain steadfast in their denial of any breach. Paolo Ardoino, Tether CEO and Bitfinex CTO, publicly refuted these claims on social media platform X, emphasizing, “Everyone panicking for a potential database breach on Bitfinex. Tldr: seems fake.” Bitfinex’s Tether CEO Denies Cyberattack Amidst F Society Ransom Demands Ardoino highlighted that no plaintext passwords or two-factor authentication secrets were stored in Bitfinex’s systems, countering part of F Society’s claims. Shinoji Research noted that F Society had posted on their onion site two Mega links supposedly containing a sample of usernames and passwords, stirring the community’s anxiety further. Yet, Ardoino reassured the community by suggesting that the...