Binance responded today to allegations that information belonging to hundreds of millions of users was offered for sale. The exchange’s customer support account stated that samples reviewed did not confirm a breach of Binance’s systems and that the listing appeared to be an attempted scam.
The company, operating under the name ShinyHunters, claimed to have compromised 335 million user records. The data package allegedly offered for sale contained authentication documents, passwords, transaction histories, and wallet information, and demanded a price of $900,000.
Binance, however, stated that parts of the allegation contradicted its own data retention practices. The company added that it does not store user passwords in plain text and does not store the private keys of clients’ external wallets.
The exchange also noted that the listing included regions where it no longer operates. It pointed out that in similar past examples, attempts were made to sell data collected by malware that infects user devices, rather than records from exchange systems.
Binance stated that the investigation is ongoing and that current findings do not indicate a data leak to systems, authentication data, or account information linked to this announcement.
*This is not investment advice.
