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Binance Reports No Signs of Breach After ShinyHunters’ Data Claim

The group sought $900,000 for records it said included account passwords, contact details, know-your-customer files and wallet private keys.

Updated 1 min read
Office workers pass The Offices 4 at One Central in Dubai, United Arab Emirates. / TokenPost.ai
Office workers pass The Offices 4 at One Central in Dubai, United Arab Emirates. / TokenPost.ai

Binance said it found no signs of a system intrusion after ShinyHunters alleged it had stolen about 335.9 million user records, leaving the cache’s authenticity unresolved.

ShinyHunters requested $900,000 for the cache it said it had stolen. It claimed the files included account passwords, email addresses and phone numbers, along with know-your-customer (KYC) records and wallet private keys.

Binance founder CZ called the allegation false or a scam. He argued that someone with access to users’ private keys could transfer funds directly, making a sale of the keys hard to explain. CZ said he first saw the allegation on Nov. 9 and expected it to be dismissed, but it continued to circulate in headlines.

Binance said its review of the listing’s terms and sample material led it to suspect fraud. In an earlier response, the exchange said it had found no indication of a breach in its own systems. That finding describes the results of a security check; it does not establish whether the files ShinyHunters offered were genuine.

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