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People can say whatever they want, but given my experience with the admin team of this site that story sounds highly unlikely. I've never known them to be anything but respectful of the members, and giving out private information seems to contradict that.
So it's quite possible the story is untrue, and they probably did it to just stir up more drama.
On a side note your IP address isn't like your street address or something, it changes based on the lease lengths of your ISP, and in this modern day means very little since most users probably access the site from multiple devices and networks (school, home, work, mobile) that it's not a very useful thing. Still, I doubt it happened either way.
Second edit: On passwords, it's very rare they'd be stored in plain text either way. They are almost always stored in hashed form (sort of an encrypted version), the details are complicated, but generally administrators of sites only have access to this hashed form. Hashed passwords can, with enough time and the proper tools be used to find the plaintext password, it's not as easy as looking at a spreadsheet and seeing that your password is 'belieber69'. So yeah this story seems fishy from a number of angles.
So it's quite possible the story is untrue, and they probably did it to just stir up more drama.
On a side note your IP address isn't like your street address or something, it changes based on the lease lengths of your ISP, and in this modern day means very little since most users probably access the site from multiple devices and networks (school, home, work, mobile) that it's not a very useful thing. Still, I doubt it happened either way.
Second edit: On passwords, it's very rare they'd be stored in plain text either way. They are almost always stored in hashed form (sort of an encrypted version), the details are complicated, but generally administrators of sites only have access to this hashed form. Hashed passwords can, with enough time and the proper tools be used to find the plaintext password, it's not as easy as looking at a spreadsheet and seeing that your password is 'belieber69'. So yeah this story seems fishy from a number of angles.