T.he Securities and Exchange Commission Unintentional Leak of Personal Information of Multiple Cryptocurrency Miners, Disclosure Violates Federal Law privacy law.
The SEC was investigating privately greena blockchain-based organization that claims to createdistributed power gridPart of that research involved reaching out to consumers about purchasing products from Green and asking about their experiences. While Green’s member was working with the SEC to answer all relevant questions, the agency said on Jan. 6 that he had over 650 emailed him that he had all 650 users under her Bcc. that it could not be sent to Washington Jury.
According to email officials, the leak had a negative impact on the crypto enthusiast community. It will be used to generate green crypto tokens via “mining”. In other words, we use high-performance computers to validate virtual coin transactions. .
As of Tuesday, no hacks have been reported. The Green Community also attaches great importance to preserving consumer privacy, as blockchain allows users to trade and mine tokens anonymously, and believes disclosure of personally identifiable information is harmful to that end. ing.
Bitcoin is up almost 30% since the start of the new year
Accidental release of personal information by federal agencies violates privacy laws. SEC State The website states that personally-identifying information collected by government agencies for research purposes is protected by the Privacy Act of 1974. This law prohibits federal agencies from sharing information collected without proper consent, and this email is a violation of privacy.
“Protecting the privacy of all parties is extremely important and the SEC is investigating this matter,” an SEC spokesperson said. Washington Examiner.
Green bills itself as the “Peer-to-Peer Green Blockchain of Proof of Power” with the goal of changing the way power is handled by offering mined cryptographic tokens instead of using customers’ power and computers. increase.
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The SEC has been involved in multiple investigations into cryptocurrencies. Most notably, it is investigating crypto exchanges. FTX After the company collapsed and several former leaders and employees, including founder Sam Bankman Freed, were indicted for fraud.
