Binance, the leading exchange by trading volume worldwide, is currently versus a possible data breach issue.
Binance, the leading exchange by trading volume worldwide, is currently versus a possible data breach issue.
A dark web forum offers what it claims to be verified user data from the Binance platform.
The post announces the sale of data, including names, countries, and phone numbers of Binance users. If genuine, it could raise significant privacy issues.
According to the forum post, the data primarily involves English-speaking users from Tier 1 countries.
The seller suggests that the authenticity of the data can be verified by trying to log in with phone numbers on binance.com or by contacting users directly.
The claims on the dark web forum are alarming, but the authenticity of the information remains unverified.
The 2019 incident
There is no clear evidence confirming that the data originates from Binance systems or that it is accurate.
In a similar incident from 2019, Binance investigated an alleged leak of customer verification information. At the time, the exchange refuted the claims, pointing out inconsistencies with its internal data and the lack of a digital watermark on its system.
He 2019 incident It reportedly involved threats to publicly distribute 10,000 photographs resembling Binance KYC data unless a ransom of 300 BTC was paid, which Binance rejected.
In light of these previous events, the current situation raises questions about the legitimacy of the data being sold.
The dark web is known for these types of illicit offers, and determining the source and authenticity of such data remains a challenge for both affected institutions and their users.
Binance has previously stated its commitment to investigating and working with authorities to address these issues.
