The French crypto tax reporting platform Waltio has encountered a ransomware attack and data breach, potentially affecting nearly 50,000 users

According to a report by Le Parisien, the French cryptocurrency tax reporting platform Waltio announced that it has been extorted by a hacker group called "Shiny Hunters." The group claims to have obtained personal data of approximately 50,000 customers of the platform, most of whom are located in France, and is demanding a ransom for it.

Waltio is a company that provides portfolio tracking and tax calculation services for cryptocurrency holders. The company stated that it has reported the incident of "attempted extortion and disruption of automated data processing systems" to the police. The report noted that the hackers allegedly obtained the relevant customers' email and account balance information as early as 2024.