Gemini Alerts Users of Potential Data Breach Involving Banking Partner

Gemini has notified users to watch for suspicious activity after discovering a breach linked to one of its banking partners.

The exchange revealed that about 15,000 customers might be affected by this incident.

The breach, which Gemini reported to the California Attorney General last Thursday, involved unauthorized access to an internal tool of its banking partner.

This incident, which occurred between June 3 and June 7, 2024, could have exposed customer names and bank details, including account and routing numbers.

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Gemini assured that other sensitive information such as Social Security numbers, addresses, and passwords was not compromised. The exchange confirmed its own systems remain secure.

The bank is investigating, and although Gemini’s review found no direct evidence of customer harm, affected users are advised to monitor their bank accounts for unusual activity, consider changing their bank account numbers, and enable multi-factor authentication.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.