BTC-demanding Hackers Release 1.5TB Worth of Argentine Regulator’s Data

Argentina Hack
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Tim Alper
Author Categories
About Author

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Ad DisclosureWe believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more
Hooded people sit at computer terminals with a binary code backdrop, with the Argentina flag in the background.
Source: PX Media/Adobe

Bitcoin (BTC)-demanding hackers have released over 1.5 terabytes worth of the Argentine markets regulator’s data on the dark web after the latter refused to pay a ransom.

Per the media outlet Criptonoticias and tweets from the developer Maximiliano Firtman, the attack was carried out by a hacking group known as MedusaBlog.

The hackers infiltrated the networks of the Argentine Securities and Exchange Commission (CNV) and reportedly downloaded 1.5 terabytes worth of documents.

These include CNV hearings, meeting minutes, complaints lodged by private individuals and Argentine firms, and databases.

Firtman claimed that MedusaBlog operators have announced that anyone who wants to access the information can contact them for instructions on how to access the files.

The hackers reportedly broke into the CNV network earlier this month and told the regulator to pay them $0.5 million worth of BTC.

When the CNV refused to pay, the hackers reportedly began releasing smaller amounts of the data.

But by Monday, June 19, the hackers decided to come good on their threats, and announced they would make the entire cache of data publicly available.

The media outlet said “thousands” of documents, many of which contain “private data,” had been “disclosed because the government entity did not pay the amount demanded by the criminals.”

The data cache also contains login details, usernames, and passwords, as well as employee files and app history logs.

And a number of secret CNV “plans and presentations” are among the files reportedly leaked online.

Argentine Regulator’s Data Released: Bitcoin Hackers Strike

Firtman called the leak a “potential disaster.”

He also accused the commission of “lying” in its public statements about the data.

The regulator had earlier told reporters that the data cache did not contain any sensitive information.

The developer tweeted several images and screenshots from the data cache.

And Firtman explained that the hackers said they would give away the data to anyone who contacted them via the TOX peer-to-peer instant-messaging app.

The group reportedly used the Medusa ransomware to attack the CNV’s servers on June 7, and eventually “took control of CNV equipment.”

The group then reportedly “disconnected various CNV devices and terminals.”

The CNV had insisted that hackers had only been able to obtain “public information” on projects it had already revealed.

Last month, a lawmaker suggested that citizens turn to crypto as an alternative to fiat for savings, with the nation’s fiat peso soaring to new highs.

More Articles

Altcoin News
Cardano Price Analysis: Is February Going to be a “Crazy Month” of ADA Gains?
Joel Frank
Joel Frank
2025-02-06 19:07:19
Blockchain News
US Crypto Regulations vs. MiCA Rules: Are Global Standards Underway?
Rachel Wolfson
Rachel Wolfson
2025-02-06 18:37:42
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors