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Poloniex forces password reset for all accounts after data leak

Tue, 31 Dec 2019, 07:56 am UTC

Cryptocurrency exchange Poloniex has forced a password reset for all of its customers after someone leaked a list of email addresses and passwords on Twitter. This was first reported by Cointelegraph.

“While almost all of the email addresses listed do not belong to Poloniex accounts, we are forcing a password reset on any email addresses that do have an account with us, including yours,” Poloniex said in an email to its customers.

After a Poloniex customer, going by the name ‘Charly’ on Twitter, perceived this to be a scam email, Poloniex Customer Support responded to the tweet, saying:

“This is a real email! Please reset your password for account security.”

Previously in August, Binance also found itself in the midst of a purported KYC data leak. However, in its investigations, the exchange found inconsistencies between the data that was being distributed in a Telegram group and the data in its system. Binance said at the time that the so-called leaked images did not contain the digital watermark imprinted by its system.

Poloniex, on its part, said that it has forced a reset of the passwords for all accounts “as a security precaution.” It also said that the post with the leaked details has been taken down from Twitter.

In November, TRON founder Justin Sun confirmed that he was one of the investors who acquired Poloniex from fintech firm Circle, Cointelegraph reported. This was followed by Poloniex acquiring TRXMarket, the largest decentralized exchange (DEX) on TRON. Following the acquisition, Poloniex will operate "TRXMarket" as "Poloni DEX".

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