Indian Crypto Exchange BuyUCoin Suffers Data Breach, 325K Users Affected

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Man facing a computer
Man facing a computer

BuyUCoin, a cryptocurrency exchange based in India, suffered a massive data breach affecting thousands of users. The startup’s platform allows users to buy, sell, trade, and store Bitcoin and other cryptocurrencies.

A hacking group, ShinyHunters was responsible for the data breach that compromised the personal information of more than 325,000 users.

Rajshekhar Rajaharia, a cybersecurity researcher, tweeted about the BuyUCoin data breach. He also posted screenshots of the leaked data which included the names, e-mail addresses, bank information, and know-your-customer (KYC) information that includes passport numbers and PAN of BuyUCoin users. The hacking group dumped the data on the dark web.

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