
Detail Analysis

Key Indicators
Platform:
Type:
Category:
Method:
Exchange
Assets
Blackmail
Extended Method:
stolen customer email and weak passwords, LockBit ransom gang
Data Sources:
The LockBit ransom gang claimed Paybito exchange and stolen its data including a database with 100,000 customers’ information.
It further claimed that the stolen records have email addresses and a “weak hash algorithm” referring to a password algorithm that can be easily decrypted into cleartext format. Additionally, the alleged data includes the personal data of the exchange’s administrators.
It is worth noting that the PayBito exchange offers buying, selling, and trading of Bitcoin, Ether, Bitcoin Cash, Litecoin, and several other cryptocurrencies. The exchange is managed by HashCash, a Palo Alto, California-based global blockchain and IT services company.
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