Trident Crypto Fund hack: Data of hundreds of thousands of users compromised

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Trident Crypto Fund hack exposed data of hundreds of thousands of users in a database breach.

The breach suffered by the company exposed data of over 250,000 users. The event took place at the end of February, while reports regarding the situation are still coming in.

Trident Crypto Fund hack

As per a report by Russian news outlet Izvestia, the company suffered a database hack in which sensitive user information was stolen.

As per the company’s CTO, since then, the personal data of Trident clients had appeared across various file-sharing websites. This included the users’ email addresses, encrypted passwords, cell phone numbers, and IP addresses. This data also includes the details regarding the system’s vulnerability that caused the breach. As of March 3, the hackers have decrypted and published over 120,000 passwords.

Izvestia has also got in contact with one individual who confirmed a connection with the Trident Crypto Fund hack. The individual also suffered from the database breach and, surprisingly. Surprisingly, the company has had no internet footprint or social media on the web, including LinkedIn.

Furthermore, it is unclear whether the company was legit or a scam as it remains unknown whether the company was registered with authorities in Malta. Moreover, it is unclear where the fund is registered and physically located. While data from Crypto Fund Research suggests that the fund is based in Malta, it is still unconfirmed. The company also offers other services, including investment in a “top 10 crypto index” that is calculated by the platform itself.

Featured image by pixabay.

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Ahmad Asghar

A first generation gamer at heart and tech buff by nature, have been involved in the tech sector for better part of a decade. With that insight and knowledge, he now covers blockchain, cryptocurrency and everything fintech so others can make sense of the industry.

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