Information spread in the network that the Binance bitcoin exchange was allegedly hacked and “thousands of Binance users KYC data” is in one of the Telegram messenger groups.
BREAKING; Thousands of #Binance users KYC data has been hacked and all ID's are posted in a telegram group chat.... @cz_binance needs to make binance more secure because this, along with the 7000 BTC “hack” a few months back, aren’t making binance look to trustworthy! pic.twitter.com/gh3Kjz8vTg
— Kray (@BitKrabs) August 7, 2019
Zhao posted a tweet in which he noted that "the news is old, just a different interpretation."
yes, old news, different spin. https://t.co/2B1WdOxqdc
— CZ Binance (@cz_binance) August 7, 2019
Additionally, a video explanation was provided.
— Boxmining (@boxmining) August 7, 2019
And then, an official statement was released.
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.
First and foremost, there are inconsistencies when comparing this data to the data in our system. At the present time, no evidence has been supplied that indicates any KYC images have been obtained from Binance, as these images do not contain the digital watermark imprinted by our system. With that said, our security team is hard at work pursuing all possible leads in an attempt to identify the source of these images.
Binance also added that the security service of the exchange is diligently trying to determine the source of the images. For any information that helps to identify this person, the exchange is ready to offer a reward of up to 25 BTC.