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Crypto Trading Binance denies leaking customer data

2019-08-07 03:18 pm | Resource: News Section | No Views : 37

Crypto Trading Binance denies leaking customer data Changpeng Zhao, CEO and founder of Crypto Trading Binance, described the rumors about the KYC data leak, allegedly as an attempt to spread (FUD), a fear, uncertainty and suspicion.
Zhao, in his tweet published Wednesday, August 7, said on Twitter:
"Do not fall into the KYC leak," FUD ". We are investigating, we will update soon."
Social media users were dismayed earlier after what appeared to be false warnings, and the numbers shown with personal documents showed, apparently to Binance users.
In an official statement, the cryptocurrency exchange Binance explained:
"We would like to tell you that an unknown person has threatened and harassed us, demanding 300 BTC in exchange for blocking 10,000 images similar to Binance KYC data. We are still investigating this case for legitimacy and convenience."
Crypto Trading added that its initial review of the leaked images shows that they all started as of February 2018, when the cryptocurrency company Binance contracted a third-party vendor to verify KYC in order to handle the large volume of orders at that time.
The Stock Exchange explained:
"We are currently investigating the third-party vendor for more information. We are continuing to investigate and will keep you informed."
This came across a group at Telegram, whose membership numbers soar, to get data.
The dedicated Telegram group of documents now has more than 8,300 members, growing in minutes. The material published in the collection lacks the digital watermark Binance uses for its internal information, raising doubts about its credibility.
Meanwhile, Zhao added that joining or deploying the Telegram group is already helping malicious hackers or at least give them attention.
"What we should do as an industry is to fight them. Stay on the positive side. Report the group, then leave it."
Crypto Trading Binance is one of the world's largest digital currency platforms by volume. Last month this year, Margin Trading introduced a competitive move against the market giant BitMEX.

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