Gemini exchange’s data breach costs 5.7M emails and a few phone numbers leaked to scammers. According to the official blog post, the data was snitched due to a third-party vendor incident.
The exchange refused to share who the “third-party vendor” was and even didn’t take out time to explain to its users how it all took place. According to CertIK, the Gemini team went offline after releasing the statement.
“No Gemini account information or systems were impacted,” the team said in the statement and then proceeded to share some security tips that users can utilize to stay safe from the scams.
Gemini also added that no users’ accounts registered on the exchange were leaked, which means customers can rest assured that only emails were leaked. Nonetheless, this data breach is alarming for customers who aren’t aware of the hack and might fall for the phishing attack through their emails.
Gemini has already been in crisis ever since the FTX collapse due to Genesis going insolvent. The exchange announced Genesis and Digital Currency Group are liable to pay back $900 million to Gemini users.
With the data breach, it has collectively lost the trust of its customers that had invested thousands of dollars in the exchange.
