Binance denies the leak of users’ KYC data
Announcements about selling such information appeared on the deep web’s forum
05.02.2024 - 08:24
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What’s new? A blockchain sleuth under the nickname @otteroooooo has discovered an announcement for the sale of Binance user IDs on the deep web’s forum, linking it to a recent leak of the crypto exchange’s code on GitHub. Binance representatives responded by saying that the security team has not confirmed the leak and all user accounts remain safe.
What else is known? Later, @otteroooo reported that the user's account who posted the sale was permanently banned due to offering a fake database.
Binance added that user accounts are protected in multiple ways, including multi-factor authentication (MFA) and biometrics. However, they thanked the researcher for the information about the potential risks.
It is noteworthy that in December last year on the same forum, there was a proposal to sell access to the Binance platform to law enforcement agencies, through which they can request confidential information about customers. Anonymous claims that he can send an unlimited number of requests, which the exchange will take three to seven days to process.
On February 4, a user under the nickname @cryptonator1337 found several other similar proposals, accusing the exchange of lying about the safety of user data.
Also in late January, the media reported that technical information about Binance had been leaked on GitHub and had been in the public domain for several months. In response, representatives of the exchange said that the information was already outdated and could not be used by attackers.
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