Binance Security in Question as 13 Million Users’ Data Allegedly Leaked Online

• Allegations of a 13 million user data leak on Binance raise concerns about potential phishing and cyberattacks, despite the exchange’s denial.
• The growing sophistication of cyber threats to crypto platforms highlights the urgent need for stronger security measures across the industry.

Despite Binance’s enhanced security measures, as previously reported by CNF, a recent post on a dark web forum by a threat actor has raised alarming concerns, claiming that the personal information of nearly 13 million Binance users, including names, emails, phone numbers, and residential addresses, has been leaked.

This is concerning, as while the leak has not been officially confirmed by authorities or Binance, the possibility of such a breach has heightened concerns about phishing attacks and other forms of social engineering targeting users.

Cybercriminal Group “Greavys” Behind the Alleged Leak

The cybercriminal group “Greavys,” known for its history of phishing attacks, is reportedly selling the alleged data on the dark web. Buyers are being offered the information either in blocks or in full via the Telegram application.

This group, along with other notorious cybercriminals like “Wiz” and “Box,” was involved in a $243 million phishing operation in Washington D.C. in August 2024. The group gained access to a victim’s Bitcoin wallet by posing as Google and Gemini support staff, using remote control software like AnyDesk.

Growing Threat to Crypto Platforms

This incident underscores the increasing threat of cyberattacks targeting cryptocurrency platforms as digital assets grow in popularity. The sophistication of these attacks has evolved, and the potential breach highlights the urgent need for enhanced cybersecurity measures.

Although the full scope of the leak remains unclear, Binance users are urged to remain cautious, adopt preventive measures such as two-factor authentication, and monitor for further developments.

Binance Denies Data Breach Allegations

In response to the claims, Binance has denied any data breach. A spokesperson from Binance stated, “Our security team has looked into the claims, and we can confirm that this is not a Binance data leak.” Despite the denial, the crypto community continues to monitor the situation closely, awaiting further updates.

Furthermore, As recently reported by CNF, Binance Labs also has invested in the Solana-based staking protocol Solayer to boost ecosystem security, which should reassure stakeholders. As of the time of writing, Binance (BNB) is trading at $609.98, having surged by 4.25% in the past day and 15.12% in the past week. See the BNB price chart below.