Binance denies 335 million user data theft claim
A threat actor claiming to be ShinyHunters offered 335 million Binance users' records for $900,000, but Binance says the claim is unsubstantiated.
Binance rejected claims that someone stole data on 335 million users. The threat actor called ShinyHunters claimed to have customer documents, passwords, wallet keys, transaction history, emails and phone numbers.
The threat actor demanded $900,000 or said they would leak the data. Binance told security reporters it found no evidence of a breach.
The exchange said past similar claims involved malware on users' own devices, not attacks on Binance. Binance also noted problems with the claim.
The company does not store passwords in plain text. It does not hold keys for outside wallets.
It no longer operates in some countries the attacker mentioned. Other forum users also doubted the claim was real.
Binance tells customers never to share passwords, two-factor codes, seed phrases or private keys. It warns people to watch for phishing scams.
- 335 million
- Users claimed compromised
- $900,000
- Ransom demanded
Why it mattersIf the claim were real, it would expose millions of users to identity theft and financial loss; the denial offers some reassurance but highlights ongoing security risks.
AustraliaMany Australians use Binance; any actual breach would threaten their cryptocurrency holdings and personal information.
