French Tax Authorities Under Fire After Crypto Holder Data Leak - Crypto Economy

CryptoEconomy · 2026-01-10T03:23:32+00:00

A former French tax official was convicted for leaking sensitive cryptocurrency investor data, raising concerns about the security of digital asset holders and prompting potential regulatory changes in data protection policies.

CryptoEconomy

2026-01-10 03:23:32

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A former tax administration official, Ghalia C., has been convicted by French courts for leaking cryptocurrency investor data after abusing her access to confidential databases. Allegedly, the former agent collected and disseminated sensitive information, including users’ geographic locations and capital gains, exposing the vulnerability of state systems to internal threats.

This event heightens fears regarding the physical security of digital asset holders in Europe, evoking previous incidents such as the massive Ledger hack. The exposure of this cryptocurrency investor data occurs amid increasing regulatory pressure, where the linking of identities with financial holdings turns taxpayers into potential targets for phishing and extortion attacks, even though no immediate plans for aggression were confirmed.

The market will now be watching for a potential tightening of data protection policies within the framework of European regulations. It is expected that this scandal will force regulators to implement stricter control mechanisms for managing cryptocurrency investor data, while the price of Bitcoin remains stable above $90,000, currently unaffected by the institutional repercussions of this security breach.

Source:https://www.panewslab.com/en/articles/684b0061-d3d9-4476-8271-4ac9904d70e5

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