HomeFake news or factPersonal Data Hacked Of 1 Billion Chinese Citizens And Available On Sale For 10...

Personal Data Hacked Of 1 Billion Chinese Citizens And Available On Sale For 10 Bitcoin 

The Crypto world wakes up to another significant scam news. An anonymous person claimed to hack the personal data of 1 billion Chinese citizens and offers to sell it for 10 bitcoins. The scammer extracted personal information from the Shanghai police records as per the recent reports.

Following the disclosure of a potential data breach, investigations have begun and will continue until the extent of the breach is determined. It could be the largest data breach ever if it turns out to be true.

The claimer is identified as “ChinaDan”, who posted his confession in the hacker forum/breach forum, revealing his intention to sell 23Terabytes of data for 10 bitcoins, which equates to almost $200,000.   

The Shanghai police database contains data of billions of citizens, and hackers might have gained access to personal details such as phone numbers, names and addresses. If immediate action is not taken, the hackers might extort money from people by stealing their personal information.

Shanghai police department and government haven’t commented yet after this news made headlines.   

Reuters attempted to reach this self-proclaimed hacker; however, they failed. In China, every social media channel poured data leak posts in bulk, creating a worrisome environment in the country.   

If it turns out to be true, the data breach will affect billions of people. Many speculations raise questions regarding the truth behind the fraud. Some tech experts find it hard to categorize it as a rumor or a real scam.   

The incident indicates the lack of vigilance and management of the public’s personal data. Stringent laws need to be imposed to avoid such shameful situations.   

As a passionate content writer, she is always eager to explore new topics. Through her blogs on cryptocurrencies, blockchain technology and non-fungible tokens (NFTs), she intends to help newbies gain a better understanding of the crypto world.


Please enter your comment!
Please enter your name here


Bitcoin Price To Soar In Regulated Market: CFTC Chairman 

Bitcoin price is currently under the scanner of several speculative theories. With the changing cryptocurrency market situation, financial watchdogs come up with alluring and negative...

Best in Crypto Launches the Most Valuable and Comprehensive Industry Directory

Chicago, Oct. 1, 2022 – Best in Crypto enables crypto enthusiasts, investors, and entrepreneurs to explore and learn about beneficial crypto products and services. This...

US Lawmakers Prepare To Include Bitcoin In 401k Retirement Plans 

US lawmakers currently agreed to introduce crypto assets in the 401k retirement plan. The decision brought applause from the crypto community. Few opine that the...

Shemaroo Entertainment Will Now Offer Metaverse Cinema Experience 

Shemaroo Entertainment took the film fraternity and movie lovers by the awe with their announcement to open a metaverse theater in Decentraland. The company had...

Stay Connected

- Advertisement -

Similar articles

- Advertisement -