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Binance denies alleged ShinyHunters sale of 335 million user records

Binance told BleepingComputer it found no evidence of a breach after a forum actor using the ShinyHunters name listed claimed records of 335 million users for $900,000.

Binance said Monday it found no evidence of a new data breach after a threat actor using the ShinyHunters name listed claimed records of 335 million users for sale on an underground forum, BleepingComputer reported1.

The listing claimed Know Your Customer documents, account passwords, crypto wallet private keys, transaction history, emails, phone numbers, and internal infrastructure details, according to the report1. The actor asked $900,000 and wrote that Binance had two options: pay or leak, BleepingComputer said1.

A Binance spokesperson told BleepingComputer: "We have found no evidence that Binance systems, customer KYC data, account credentials, wallet private keys, or internal infrastructure information were compromised"1. The company said similar past listings often involved infostealer data from users' devices rather than a breach of Binance systems1.

Binance also pointed to mismatches with how it stores data, BleepingComputer said: it does not hold private keys for users' external wallets, does not store passwords in plaintext, and no longer operates in some jurisdictions named in the forum post1. Other forum users questioned the listing, including why a seller who claimed to hold wallet keys would sell the data instead of draining funds1.

The exchange advised customers not to share passwords, two-factor codes, seed phrases, or private keys and to watch for phishing, according to the report1. BleepingComputer noted that last week Binance confirmed North Korean hackers stole about $6.34 billion after tricking an employee in a fake job interview, an incident the FBI has linked to the TraderTraitor group1.

Whether the new listing contains any real Binance data, and whether the poster is the known ShinyHunters group or an impersonator, is not independently verified in the report1.

Sources

  1. BleepingComputerBinance denies data breach after alleged ShinyHunters claims