TrueUSD Faces Data Breach

posted  16 Oct 2023
Photo - TrueUSD Faces Data Breach
Stablecoin issuer TrueUSD experienced a security breach via a third-party provider, resulting in the exposure of  customers’ first and last names, email addresses, phone numbers, addresses, dates of birth, bank details, transaction histories, and blockchain account public addresses.

The reach involved TrueUSD’s former service provider, TrueCoin, which handled banking, customer onboarding, and product management.

“TUSD system is SECURE and not attacked. Both TUSD system and TUSD’s reserves are UNAFFECTED,” - the company comments.