BitcoinIRA, iTrustCapital accused of hiding data breaches

BitcoinIRA and iTrustCapital have been accused in reporting of hiding prior data breaches that exposed customer personal information associated with their crypto IRA services. The allegations say the firms failed to disclose the incidents to customers and regulators, raising concerns about transparency and the security of third‑party custodial on‑ramps. If substantiated, the claims could erode investor trust, accelerate moves toward self‑custody or alternative custodians, and draw increased regulatory scrutiny and compliance costs for Bitcoin retirement service providers.