Binance KYC Data Leak — Crypto Exchange Sets $290,000 Bounty On Blackmailer


Binance KYC Data Leak

Malta-based cryptocurrency exchange Binance has become a victim of a ransom demand from a scammer who claimed to have hacked the KYC (Know Your Customer) data of thousands of its customers.

The unknown attacker threatened the world’s largest cryptocurrency exchange by volume to release KYC information of 10,000 users if the company did not pay 300 Bitcoins—that’s equivalent to almost $3.5 million at today’s exchange value.

Although the authenticity of the hack is not confirmed yet, several photos of individuals holding their identity cards, such as passports and voter IDs, have been circulating across different online channels.

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