365Crypto
French authorities have opened an investigation into a data breach affecting Waltio, a crypto tax platform used by thousands of investors. The case raises serious concerns about privacy and physical safety in the crypto space.
Officials from the Paris Public Prosecutor’s Office are working with France’s national cybercrime unit. Their goal is to understand what data was stolen and how exposed users really are. Early warnings suggest attackers may try to trick victims using fake security alerts.
Local media reports say a hacker group known as Shiny Hunters demanded a ransom after stealing personal data from roughly 50,000 users. Most of the affected accounts belong to people living in France. Names, contact details, and financial information may be involved.
Authorities warned that leaked data can lead to real-world crimes. Some attackers target crypto holders directly or threaten family members to force transfers. These crimes are often called “wrench attacks,” because they rely on physical force instead of hacking code.
At the same time, French regulators are tightening oversight of crypto firms. Companies must soon confirm whether they will comply with the EU’s MiCA rules or exit the market. The deadline arrives at the end of June.
Footnotes:
• MiCA: EU regulation setting legal rules for crypto companies
• Wrench attack: Physical threat used to steal digital assets
