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Has 13M Binance Users' Data Been Leaked?

Sensitive information has allegedly appeared on the dark web

September 24, 2024 10:00 AM

Reading time: 1 minute, 51 seconds

TL;DR Reports about a potential data breach affecting nearly 13 million Binance users are emerging. Authorities and Binance have not yet confirmed the validity of the exposed data.

Data of Nearly 13 Million Binance Users Allegedly Leaked on Dark Web

Reports are emerging about a potential data breach affecting nearly 13 million Binance users. Sensitive information is allegedly appearing on the dark web.

According to a post by a threat actor on a dark web forum, the leaked data includes names, email addresses, phone numbers, and residential information.

Although not officially confirmed, the leak threatens the security and privacy of millions of users. These individuals could now be victims of phishing attacks and other social engineering tactics.

Despite the report's seriousness, authorities and Binance still need to confirm the validity of the exposed data. The information is still treated as a hypothesis until further validation occurs.

The cybercriminal group behind the leak, known as "Greavys," reportedly sells personal data on the dark web. They offer it, either in blocks or complete, to buyers via Telegram. "Greavys," along with cybercriminals like "Wiz" and "Box," has a history of phishing attacks.

In August 2024, these individuals executed a $243 million phishing operation in Washington D.C., posing as support staff from Google and Gemini to gain access to a victim's Bitcoin wallet through remote control software like AnyDesk.

Rising Threats in the Crypto World

The incident highlights a growing trend of cyberattacks targeting cryptocurrency platforms. As digital assets gain popularity, the sophistication of such attacks has increased.

This further stresses the need for more robust cybersecurity measures. Although the full extent of the breach is still unclear, the potential leak of sensitive data underscores the critical need for solid security practices. The crypto community is closely watching for further updates as the situation develops.

To mitigate risks, Binance users should remain vigilant, follow security protocols, and adopt preventive measures such as two-factor authentication. The increasing need for stronger security measures on cryptocurrency platforms is evident.

UPDATE

BeInCrypto contacted Binance to address claims of a data breach. A Binance spokesperson denied the allegations, explaining that the security team had thoroughly investigated the matter and found no evidence of a data leak.

"This is false. Our security team has looked into the claims, and we can confirm that this is not a Binance data leak," a Binance spokesperson stated.

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