Binance Calls Claimed 335.9 Million-Record Breach Likely a Scam
Cryptocurrency exchange Binance says a claimed breach involving 335.9 million records is likely a scam, pointing to inconsistencies in the listing through which the data is offered for sale, according to The Defiant.
Inconsistencies flagged in the sale listing
Binance points to contradictions in an offer that asks $900,000 for material the seller describes as identity documents, login credentials and private keys. The facts available do not include a detailed breakdown of those inconsistencies.
The listing presents 335.9 million as the size of the alleged breach.
Who Binance is
Binance is a cryptocurrency exchange and finance company based in the United Arab Emirates and founded in 2017. Its assessment is the company's own position on a claim made by others, and the facts do not show that the breach has been independently verified.
Open questions
- Has Binance or an independent investigator verified whether any of the listed data is genuine?
- Who is offering the data for sale, and has the seller been identified?