SEC leaked crypto miners' personal information during investigation: Report

The United States Securities and Exchange Commission, oregon SEC, has reportedly leaked the names and email addresses of galore crypto miners connected to blockchain steadfast Green.

According to a Jan. 17 study from the Washington Examiner, the SEC unintentionally included 650 names and email addresses successful an email connection with Green arsenic portion of an investigation, leaving the blockchain’s nodes susceptible to hacks. The fiscal regulator had reportedly been reaching retired to Green users regarding their acquisition of the firm’s products.

“The Privacy Act of 1974 [...] prohibits the disclosure without consent of accusation astir individuals that the national authorities maintains successful a strategy of records,” said the SEC website. “If we store accusation astir you successful a strategy of records from which we retrieve that accusation by idiosyncratic identifier [...] we volition safeguard your accusation successful accordance with the Privacy Act.”

Hackers person often targeted centralized crypto exchanges to get accusation astir users, but alleged unintentional leaks by authorities officials are little common. In October, the U.S. Justice Department announced charges against 2 Chinese quality officers who allegedly bribed a treble cause with Bitcoin (BTC).

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The SEC has besides executed respective crackdowns connected crypto firms successful 2022 successful what galore critics person called the bureau taking a “regulation by enforcement” approach. In December, the fiscal regulator added its sanction to the database of national agencies down charging erstwhile FTX main enforcement serviceman Sam Bankman-Fried, alleging violations of the anti-fraud provisions of securities laws.