A 10-gigabyte file posted on the internet exposed the personal details of more than 160 young women who were asked to provide the expl!c!t material to secure money through online lending platform Jiedaibao.
Launched by JD Capital in 2015, Jiedaibao allows lenders to operate anonymously but requires borrowers to reveal their real names when making transactions.
Loan amounts and interest rates can be customised to meet the needs of users — often people who have a hard time accessing loans through more traditional financial institutions, like banks.
Source: YAHOO! News
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