Voyager investigates data breach during bankruptcy payout
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The cryptocurrency company, Voyager Digital, recently reopened its platform to allow customers to withdraw their funds. Last year, Voyager filed for bankruptcy and suspend trading on its platform due to the prolonged volatility and contagion in the cryptocurrency market. To assist its customers during this challenging period, the company reopened its platform for 30 days in June, specifically to enable customers to withdraw their funds.
Approximately $491 million worth of cryptocurrency was withdrawn during this period.
Unfortunately, the reopening of the platform have attracted scammers and cybercriminals. In a recent legal document, Voyager's lawyers disclosed that the company received reports of numerous scams and phishing attempts specifically targeting the company's creditors. The scammers allegedly used the names, contact information, and claim amounts of Voyager's customers, raising concerns about a potential data breach.
Upon discovering these schemes, Voyager hired outside professionals to conduct an investigation into the matter. The investigation is currently ongoing, and the company has notified appropriate law enforcement authorities about the potential data breach. Additionally, Voyager has reached out to its customers through email, warning them about the potential scams and advising them to be vigilant.
Furthermore, the company is actively working to identify and shut down fraudulent websites and email addresses that may be used by the scammers.
Voyager is not the only bankrupt crypto company facing such challenges. There are reports that former users of the bankrupt crypto exchange FTX are also being targeted by potential phishing attacks.
Despite the recent attacks, a report by Chainalysis suggests that cryptocurrency-related crime is down significantly compared to the previous year. Illicit activities related to crypto have decreased by 65%, and deposits made to "risky" entities are down by 42%. It's not clear whether this drop is related to efforts to combat cryptocurrency crime or simply loss in interest of criminals due to the massive drop in value and interest of the public in cryptocurrencies in general.
