Has Binance been hacked – KYC records posted on Telegram news emerging!
Details are just emerging but it appears that due to yet another Binance hack, KYC details of 1000’s of customers have been stolen and posted publicly online in a telegram group. Well known Youtuber Ivan on Tech broke this story with the headline
BREAKING: BINANCE KYC HACKED??!!! 😳 MASSIVE HACK / IDs Posted Online… Programmer explains
In a Cointelegraph article an hour ago they report;
In a tweet Aug. 7, Changpeng Zhao described rumours circulating about the alleged know-your-customer (KYC) data leak as an attempt to spread “FUD” (fear, uncertainty and doubt).
Don’t fall into the “KYC leak” FUD. We are investigating, will update shortly.
— CZ Binance (@cz_binance) August 7, 2019
“Don’t fall into the ‘KYC leak’ FUD. We are investigating, will update shortly,” he wrote.
So is this fake news? Ivan on Tech in his broadcast has gone on to say. ‘To be on the safe side if you have done KYC on Binance I recommend cancelling your passport’ He clearly is taking this very seriously.
There are supposedly 1000’s of pictures of people doing their KYC posted in a telegram group. This suggests this should be taken seriously or it could be a VERY elaborate scam. It could be someone who will attempt to blackmail Binance. As mentioned, this is a breaking story so we will follow this up later today.
Update: Official Binance Statement to the KYC Hack
In an open letter to their customers, Binance released the following statement about the KYC hack, calling it a false “KYC Hack”:
We would like to inform you that an unidentified individual has threatened and harassed us, demanding 300 BTC in exchange for withholding 10,000 photos that bear similarity to Binance KYC data. We are still investigating this case for legitimacy and relevancy. After refusing to cooperate and continuing with this extortion, this individual has begun distributing the data to the public and to media outlets…
The statement goes on offering a reward of 290,000 USD for information about the hacker.
…If you are able to provide any information to help identify this person and allow us to pursue the individual through legal action, we will offer a reward of up to 25 BTC, dependent on the relevance of the data supplied. You may submit this information by opening a support ticket at https://support.binance.com.
Does the Binance hack influence the Bitcoin price? Have a look at the BTCUSD live chart here.