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Paxful Data Is On Sale, The Official Responses "No User Data Was Leaked"

Mary Liu

Summary: Ray Youssef, CEO of the peer-to-peer Bitcoin exchange Paxful stated that user data has not been leaked.  Early this morning, a user named "mafufi" claimed on the information trading market Raidforums that they have a database for sale, this includes the names, dates of birth, addresses, phone numbers, emails, and passwords of 4.8 million Paxful users ...

Ray Youssef, CEO of the peer-to-peer Bitcoin exchange Paxful stated that user data has not been leaked. 

Early this morning, a user named "mafufi" claimed on the information trading market Raidforums that they have a database for sale, this includes the names, dates of birth, addresses, phone numbers, emails, and passwords of 4.8 million Paxful users and employees, for a price of 1 BTC.

Paxful stated that the data was obtained illegally from third-party vendors previously used by the trading platform, and in September 2020, they terminated the contract. 

"All funds and Identities are Safe. No user data was leaked, no breach was ever made of our users! Ignore the FUD... The data they had was old employee records from a payroll site we no longer use." Youssef responded.

By Mary Liu

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