Binance calls ShinyHunters’ alleged 335 million user data breach a likely scam

Binance has disputed claims that hackers stole 335 million user records from the cryptocurrency exchange, saying its preliminary investigation suggests the data listing is likely a scam. Summary Binance said ShinyHunters’ claim of stealing 335 million user records was likely a scam, as its preliminary investigation found no evidence of compromised systems or customer data. The threat actor allegedly demanded $900,000 in Bitcoin or Monero for a dataset it claimed contained user credentials, identity documents, transaction histories and private wallet keys. A Binance spokesperson questioned the listing’s credibility, citing inconsistencies involving plaintext passwords, external wallet private keys and jurisdictions where the exchange no longer operates. Binance suggested the advertised information could resemble data collected through infostealer malware targeting individual devices, rather than information obtained from its systems. A Binance spokesperson told crypto.news that the exchange was investigating allegations circulated on a hacking forum and X, but an initial review of the advertised information had not identified evidence of a new compromise involving its systems or cus...