Transak
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·3sp9ks…5xFsSummary
Transak is a fiat-to-crypto on-ramp infrastructure provider founded in 2019 and serving over 8 million users across 160+ countries, with integrations into major platforms including MetaMask, Phantom, and Uniswap. In October 2024, a phishing attack on an employee's laptop led to unauthorized access to a third-party KYC vendor's dashboard, exposing the personal identity documents of approximately 92,554 users globally, including names, dates of birth, government-issued IDs, and selfie photos. The breach resulted in a $601,000 class action settlement covering U.S.-based affected users, and the Stormous ransomware group claimed responsibility, alleging extraction of over 300GB of data.
Connected Entities
5 entities · 60 linked investigations- Phantom Wallet→mentioned with→ZachXBT(60%)
- Transak→mentioned with→Tether(60%)
- Transak→mentioned with→Phantom Wallet(65%)
- Transak→mentioned with→ZachXBT(70%)
- Transak→mentioned with→Uniswap(65%)
Timeline(11 events)
7 March 2024
Transak announced SOC 2 Type 2 compliance certification, claiming to be the first crypto on-ramp provider to achieve this standard.
Transak Official Blog23 September 2024
Transak was first contacted by a hacker claiming to have accessed confidential data from its network (per U.S. class action filing).
ClassAction.org20 October 2024
Reported date of the phishing-enabled breach of a Transak employee's laptop and subsequent access to a third-party KYC vendor's dashboard.
RedPacket Security / CryptoNews21 October 2024
Transak publicly disclosed the data breach via its official blog, confirming 92,554 users were affected. CEO Sami Start issued public statements.
CoinDesk21 October 2024
ZachXBT flagged the Transak ransomware incident, highlighting the discrepancy between Transak's characterization and the attackers' claims.
ChainCatcher31 October 2024
Stormous ransomware group published a leak page for Transak, claiming extraction of 300GB+ of data and releasing a subset publicly.
RedPacket Security11 March 2025
Plaintiff Shane Pearson filed a class action lawsuit against Transak USA LLC in the Southern District of Florida (Case No. 1:25-cv-21146), alleging failure to adequately protect user data and delayed breach notification.
Bloomberg Law7 September 2025
The Pearson v. Transak USA class action received preliminary court approval for a $601,000 settlement covering 23,113 U.S.-based affected individuals.
ClassAction.orgDecember 2025
Claim submission deadline for affected U.S. class members in the Transak USA settlement.
ClassAction.org15 December 2025
Final approval hearing scheduled for the Transak USA class action settlement.
ClassAction.orgDecision Log
- hash: 4CXoExiEe4k7LdNknKkBcViS1dZQfyd1HhsUA4QfuGjB
- hash: Captkup6tF2FbZMAWksq6Tj1vFyqUsQFoT4QS9Vy6mVR
- hash: Ho1mMV7zRQouXrYD53QfD5RwhwJbFBY5bCj1VgHHX4rv
- hash: FKCS3ek6gxwnGqQQ6hynNrJqiEFPQ71GwwhdDenTLWQ1
This investigation is cryptographically anchored to the Solana blockchain (4 events).
model: claude-sonnet
generated: 5/4/2026, 4:05:00 PM
last updated: 6/9/2026, 8:46:41 PM
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