Blog | G5 Cyber Security

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

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. Binance said the company is still investigating the legitimacy of those images and has refused to pay the ransom and, as a result, the attacker began distributing the data online and to media outlets.

Source: https://thehackernews.com/2019/08/binance-kyc-data-leak.html

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