A French case revealed on January 9 raised industry concerns—a former tax department employee used system access to steal sensitive information from cryptocurrency investors. The former staff member named Ghalia C. has been sentenced on charges including assisting organized crime and is currently in the appeals stage.
More alarmingly, the investigation found she conducted large-scale collection of confidential information, including investor locations and capital gains data. While no evidence has been found that she directly planned violent incidents targeting holders, this is sufficient to sound an alarm.
As European tax authorities impose increasingly strict regulations on crypto assets, similar data breach risks are also amplifying. Once such information flows to criminals, cryptocurrency holders may face multiple risks ranging from cybercrime to physical threats. This case reminds us that data security issues concern not only privacy but also directly impact personal safety.
A French case revealed on January 9 raised industry concerns—a former tax department employee used system access to steal sensitive information from cryptocurrency investors. The former staff member named Ghalia C. has been sentenced on charges including assisting organized crime and is currently in the appeals stage.
More alarmingly, the investigation found she conducted large-scale collection of confidential information, including investor locations and capital gains data. While no evidence has been found that she directly planned violent incidents targeting holders, this is sufficient to sound an alarm.
As European tax authorities impose increasingly strict regulations on crypto assets, similar data breach risks are also amplifying. Once such information flows to criminals, cryptocurrency holders may face multiple risks ranging from cybercrime to physical threats. This case reminds us that data security issues concern not only privacy but also directly impact personal safety.