In July 2019, Robinhood admitted to storing customer passwords in cleartext and in readable form across their internal systems, according to emails it sent to the affected customers. Robinhood declined to say how many customers were affected by the error and claims that it did not find any evidence of abuse.[61] However, in 2020, the firm acknowledged that almost 2,000 Robinhood Markets accounts were compromised in the hacking spree,[clarification needed] and that hackers siphoned off customer funds, a sign that the attacks were more widespread than was previously known, and not forthcoming originally by Robinhood.[62]