User data from Binance is reportedly being sold on the Dark Web

User data from Binance is reportedly being sold on the Dark Web

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by Max Nevskyi

3 years ago


Binance, the world's leading cryptocurrency exchange, has come under scrutiny due to a potential data breach of user information. According to reports on the Dark Web forum, user data allegedly linked to the Binance platform is being offered for sale. This data includes names, countries, and phone numbers of Binance users, raising serious concerns about privacy.

It is essential to note that the authenticity of this data on the Dark Web forum remains unverified, and there is no clear evidence confirming that it was indeed obtained from Binance's systems or that it is accurate. The data in question, as per the forum's claims, primarily pertains to English-speaking users from level 1 countries.

The seller claims that the authenticity of the data can be verified by attempting to log into the Binance system using the phone numbers listed in the data for sale or by directly contacting users. However, such claims are met with skepticism due to the lack of reliable evidence.

It's also worth considering a previous incident that occurred in 2019 when Binance investigated an alleged leak of customer verification information. During that incident, the exchange refuted the claims, citing discrepancies with their internal data and the absence of digital watermarks in their system. In that case, threats were made to publicly release photos resembling Binance KYC data unless a ransom in BTC was paid, which Binance refused.

Given this history, the current situation raises doubts about the legality of the data being offered for sale. The Dark Web forum is known for illegal offers, and determining the source and authenticity of such data remains a challenge for both affected institutions and their users.

It's important to note that Binance has previously expressed its commitment to investigating and cooperating with law enforcement in resolving similar issues. However, in this particular case, further actions and official statements from Binance are needed to provide more accurate information on the matter.

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