A senior French tax official has been arrested for selling crypto investors’ home addresses and crypto holdings (which they shared in compliance with laws on unrealized gains).
The leaked information was used to execute 41 kidnappings by criminals.
The lack of security regarding personally identifiable information has been a key driver of these crimes.
There was no hack, no exploit, and a series of crimes were executed based on human-sourced information.
This incident exposes how all governments are highly ill-equipped to regulate crypto.
Source: a2zcryptocurrencies.com
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