Waltio crypto tax platform hacked, user data exposed

Waltio, a French crypto tax platform, was hacked by 'Shiny Hunters,' exposing data of about 50,000 users. No funds were stolen, but emails and tax info were accessed. Authorities are investigating and warn of phishing risks.

French cryptocurrency tax platform Waltio has experienced a data breach following an attack by the hacker group 'Shiny Hunters.' The attackers claim to have accessed personal data of approximately 50,000 users, primarily in France. Exposed information includes email addresses and aggregated tax report figures. The hackers have demanded a ransom for the stolen data. Waltio confirmed that no funds or sensitive credentials were compromised, and its core infrastructure remains unaffected. The company has notified regulators, filed a formal complaint for attempted extortion, and initiated a thorough security review. French authorities have launched an investigation and cautioned that the stolen data could be used for phishing or social engineering scams. While hackers have shared samples of the data, there is no evidence of a broader leak or theft of cryptocurrencies, as Waltio only offers portfolio tracking and tax calculation services. The incident has heightened concerns about user data security on crypto tax platforms.