coinengineer.io
Bitfinex’s Chief Technology Officer, Paolo Ardoino, has definitively dismissed claims of a recent data breach, calling them “fake.”
“We spent the weekend thoroughly reviewing all internal data,” Ardoino stated. “As I previously mentioned, Bitfinex’s user database was not breached.”
The false rumors originated on social media over the weekend, stemming from a tweet by Alice of Shinoji Research alleging a large-scale Bitfinex data breach by the hacking group FSociety. The tweet, later deleted, was amplified by a major breaking news account, causing widespread concern.
Alice of Shinoji Research has since acknowledged the mistake. “The original BFX [Bitfinex] hack post was inaccurate,” they admitted. “It appears a group called ‘Flocker’ compiled a list of Bitfinex login details from previous breaches, then presented it as a major hack attempt.”
Ardoino reiterated that Bitfinex’s user database remains secure. The alleged hackers, he explained, likely compiled a list of emails and passwords stolen from other compromised platforms. “Unfortunately, many users reuse the same credentials across multiple services, including crypto exchanges,” Ardoino noted.