Safepal security vulnerability exposes data of 39,798 customers

Share This Post

The breach has impacted 39,798 customers who placed orders between March 2, 2025 and April 11, 2026.

SafePal stressed that the core security of its wallets remains intact, adding that users’ seed phrases, private keys, bank passwords, bank account information, payment card numbers, and government-issued IDs were not affected.

However, SafePal said users who have shared their private keys or seed phrases via a phishing email, phone call, or letter should treat their wallet as compromised and transfer their assets to a new wallet.

How SafePal is responding

The company said it had patched the vulnerability and introduced additional security measures in response. SafePal notified all affected customers by email from security@safepal.com on Sunday and hired an independent third-party security firm to audit the fix and review its order-processing systems.

SafePal also said it would retain customers’ personal data in its order-processing system for only 90 days from the date of collection. In addition, the company identified and removed more than 30 fraudulent websites and phishing links associated with the breach.

Customers can use a verification tool on SafePal’s website to check whether their data was affected, the company said.

Related Posts

NYDFS, Wyoming Strike Digital Asset Supervision Agreement

New York and Wyoming financial regulators have signed an...

Illinois Agrees to Delay 0.2% Crypto Tax After Industry Lawsuit

Crypto advocacy organizations behind a lawsuit opposing Illinois’ Digital...

South Korea Details Tokenized Securities Rules for 2027 Rollout

Cointelegraph is committed to providing independent, high-quality journalism across...

SEC Proposes Easing Crypto Custody Rules for Advisers

The US securities regulator has proposed easing rules governing...

Donald Trump to Appear at DC Golf Club for 3rd Memecoin Holder Event

The group behind US President Donald Trump’s memecoin announced...

European Crypto Advocates Challenge MiCA Stablecoin Rules

More than 50,000 Europeans have urged the European Commission...