Bitcoin Forum

https://blocktv.com/watch/2019-08-07/5d4a8ff74f258-binance-says-it-is-being-extorted-over-leaked-client-data-

Read the first sentence of the bitcoin white paper if you are effected by this.

https://www.youtube.com/watch?v=dgH-Kd9Tsew Großer Binance KYC Leak!

They don't seem to be hacked "again". Based on Binance's recent article, it was a hack back last year.

"On initial review of the images made public, they all appear to be dated from February of 2018, at which time Binance had contracted a third-party vendor for KYC verification in order to handle the high volume of requests at that time."
Source: https://www.binance.com/en/blog/365766157488967680/Statement-on-False-KYC-Leak
https://i.imgur.com/9Qw72RM.png
Tweet URL: https://twitter.com/cz_binance/status/1158984801442910209

But yea, keep your funds out of exchanges folks(if you don't trade.

Oh so they knew a few months ago a bunch of KYC`s got hacked and did not say anything to their customers?

10/10 PR
Public relations (PR) is the practice of deliberately managing the spread of information between an individual or an organization (such as a business, government agency, or a nonprofit organization) and the public.

"OLD NEWS"
DID YOU GUYS GET A MEMO SAYING THAT YOUR INFORMATION WAS EXPOSED?

Good thing they got that time machine to roll back reboot restart and repeat $lave money $afu, BTC not safu.

I think this is old news not recent.

It is new news to all the peoples kyc`s that were leaked, due to binance`s great PR team not saying anything to anyone.
Should of gave the hacker the 300 btc, would of saved your company a facebook 2.0 lawsuit that is coming from them.
https://www.cnn.com/2019/07/24/tech/facebook-ftc-settlement/index.html

It will cost binance around 5 billion.

That hacker was giving you a deal at 3.5 million, probably should of took the offer  ;D

Can't they invest enough in security, I don't understand

well they thought they could roll back the blockchain at one point my dood, without the networks consent, can`t expect much out of them.

https://en.wikipedia.org/wiki/Class_action is coming.

Of course they do. You just can't know how much security is enough until it actually gets tested, which in this case lead to a breach of their system. NOW you know it wasn't enough, which they have put a lot of resources into to fix, so currently they are more secure than before, but only until the next breach.

Binance isn't the type of exchange to save cost on security. They as the ONLY large exchange have quite a solid support desk, which can't be said about Coinbase and other exchanges of that magnitude. This costs a lot of money to keep running, so definitely not the type of exchange to save cost elsewhere.

Stay safe out there, the hacked might have actually happened but be careful not to be fooled by some fraudster that will take advantage of the situation.

For those who want to read Binance's official response https://www.binance.com/en/blog/365766157488967680/Statement-on-False-KYC-Leak

When you think of it, is this one of the reason why they pushed for Binance DEX?

This news is already in every corner:

Binance Investigating ‘KYC Leak FUD’ as User Selfies Allegedly Exposed (https://cointelegraph.com/news/binance-investigating-kyc-leak-fud-as-user-selfies-allegedly-exposed)


It is a very sad situation. There are many scammers who can use this sensitive data to commit crimes.

He calls it fud, but it`s not fud man, fud = fear, uncertainty and doubt, it is certain, no doubt at all that people literally lost there privacy due to this company`s negligence, SO IT IS NOT FUD IT IS FACT, now 1000`s of people have many peoples personal id`s, they will use it for fraud on other exchanges now and the police will think they did it. They are now human mixers.

The worst part of it all is they did not inform the people who`s information was leaked, for they will be the targets now.

THOSE ARE REAL KYC`s YOU THINK 1000`s of fucking random people are out to fud binance? look at all the pictures!

https://www.newsbtc.com/wp-content/uploads/2019/08/kycfud.jpg

https://pbs.twimg.com/media/EBWnLQ_UEAEgFuI?format=jpg&name=medium

It is not fucking fud, it is fact.

The one guy has his print exposed, he can now be pinned for murder he didn't even do.

Yes, it's a fact, but it's also can be considered FUD because as far as I know with my current understanding of the situation, it's a past *alleged* hack. I think it's just that the photos are just being leaked recently. If my memory serves me right, this is the one in 2018 whereas Binance claimed that the hacks were targeted to their users(not the exchange itself). I could be wrong of course.

I'm going to chime back in here after a few reading if I learn something new.

even if binance pays the hacker, there's no guarantee the allegedly hacked data won't be leaked
has any of the victim came forward, filed a complaint and confirmed (data crosschecked) by binance?

fingerprints? :o do you really need to submit fingerprints to complete binance KYC?

yah exchanges now make you piss on your computer and phone and upload it to the cloud to use their exchange, and to withdraw you need to give them your ancestry dna blood test and at minimum 3 selfies holding your favorite 3 foods, and some bath water, they would also like to know your kids imaginary friends name for withdraws over 1 btc.

but seriously, I dunno it`s in one of the pictures on the doods ID above that was leaked.

A hoax with 1000`s of random people`s information leaked holding there id that looks just like them and sign that says binance with there sign up date ..... are you for real?

What is this some mass scale attack on binance by the greatest photo shopper of all time, shit this guy should of made Obama`s birth cert, and Who has 1000`s of friends of each race? that were all willing to take selfies for his hoax?

Get real dood, they leaked peoples info and can`t man up. Why the fuck would they offer a 25 btc reward for information when it is a fucking hoax, come on my guy, I know common sense is hard, that is why we have fucking fiat, but follow the clues and use some common sense.

https://www.youtube.com/watch?v=dgH-Kd9Tsew bro half of them are holding a sign that says Binance

Wow, this is a major problem. $10k is clearly nothing, as Binance even managed the situation pretty well when the exchange lost $40 million. But all of those identities being revealed - yeah, this is potential Facebook-like lawsuit or even something more serious. I never agree to KYC online specifically because I don't feel comfortable about people being able to see me and my passport, and this case only strengthens my position. Showing an ID briefly to some authorities is one thing, but uploading photos is really different. Funny how the CEO said not to fall into FUD, even though it's a very big deal and Binance did not even apologize yet.

It is over 10,000 user account information not $10,000 USD lost.

Yah, It will be a 5 billion $ fine at least.

Actually I do to, I am turning the smiley face into a frown face in the title, I also hope binance does not get sued, but the hacker does, but good luck catching him LOL you have 0% chance to get him, but some lawyer gonna wanna make some $lavery money dats for sure and binance will be the only one to target.

Note: hacker guy, if you see this comment, what you did was not cool. Your point was to extort money out of Binance and instead you just fucked over the general public. I get it you were trying to prove a point, but at what cost? why not just inform them in private and the people affected? or are you just a script kiddo who got the list from a real hacker?

Your only act to redeem yourself is to start hacking livestreams on twitch, youtubes, mixers and broadcast the message that fiat is a $cam and $lavery.

I am the father of the church or whatever you want to call it of bitcoin, if you can do that and say "I am sorry satoshi 3x" your sins will be washed away.

You are also not allowed to gamble with your bitcoin for 1 week as well, no nitrogen sports and no just dice, no swc either. -bitcoinjesusjr btw why don`t they KYC, could a minor not gamble?

What's the use of your "note"? The "hacker guy" doesn't care about you. Plus the hacker actually exposed a weakness in Binance's security. I don't praise the theft of KYC documents, but it's also Binance fault.

The leaked happened now although the data are coming from 2018, that's a fresh news and this is a serious news especially if you get verified with Binance at that time, and it would also affect clients confidence in the future.

I think there's more to it, according to Coindesk, the hacker under the name of  “Bnatov Platon” has been in contact with Binance to help them find the hackers, unfortunately the negotiations went sour that's why the hacker put everything in public.


https://www.coindesk.com/a-bitcoin-extortion-gone-wrong-inside-binances-negotiations-with-its-kyc-hacker

As this point, it's really hard to see who's telling the truth so make your own judgement.

Really?

Exactly! There are so many platforms that handle security better! It's truly upsetting to see people get their personal information leaked. Not to mention, some of them probably chose cryptocurrency because of its promise of anonymity. Such a shame.

I'll allow myself to copy most of the comments on the topic from Twitter: "We are not safu."

I'm sure they have invested so much money in security or at least a good opsec 24x7. But how can you protect when in light of some news that the hacking incident was supposedly with the help of someone inside?

They offered some bounty to capture the culprit but I guess they really need some internal cleansing as well. Screening their opsec should be the order of the day for them, removed the bad eggs and replace them with people that are not 'blinded by money', so to speak.

I can't believe but i am seeing documents on twitter and Telegram, how data can be leaked from binance exchange ... ??
I am using Binance exchange but I haven't submit kyc on exchange yet! is it safe to submit documents on binance exchange?
Please anybody can share CZ binance tweet related this issue??   

https://twitter.com/cz_binance/status/1159013954376437760?s=20

I'm intrigued. Can you name those platforms?

Sure thing. I mentioned "many platforms" but to be completely honest, I only use one of them most of the times. It's CoinDeal (https://coindeal.com/). It recently got a Swiss VQF license, which is pretty rare for exchangers. Not to mention it is protected by SwissSign, SSL and Cloudflare.

lol, this looks just like another exchange selling its users' KYC documents on the dark market and pocketing the money then pretending it was a hack. they have good excuses for it too since they got hacked a while ago and they are linking this to that.

how many times these centralized exchanges have to sell our personal data before we at least stop using them for altcoin versus bitcoin trades and only stick to them when fiat is involved?

The story might be an old one but it really speaks bad of Binance.
Any exchange does not have the right to store users IDs after KYC this is because when hacked, this is what hackers go after aside the funds.
It should be deleted immediately after the verification process. With incidents like this, users can sue them, and paying the damages fee won't be an easy on.

and what is the purpose of KYC if they will just delete it afterwards?
how are they going to confirm you is really you the next time something happens?
they need to keep data of their customers for future needs
so when something happens, they use it as basis data to re-verify you

BTC is only anonymous if you have a wallet not on an exchange

The rest is just worse than fiat, all the info you have to give to exchanges is worse than a bank

KYC is bs

oh shit, exchanges like Binance can be hacked. and this isn't even the first time they have been hacked. and they say this is an old case, so it means that so far they have not informed that the KYC document has leaked.

They spend heaps on exchange security, I'm guessing way more then just millions with the best security and white hat hackers, but if black-net hackers try hard enough, there's always that one screw or button left exposed and when activated, makes the structure come crumbling down.

I would definitely say that this helped move the DEX up on the priority list, a DEX that doesn't hold user funds would that they would no longer be viable to hacks, information leaks, or anything...

I can't believe some of the telegram channels with the picture up... Not sure if it is truely FUD now, a lot of the photos look real and it'll either cost a hacker a lot of money to fake something like or it'll be real.

Traders worst nightmare. Just imagine seeing your face all over Telegram and Twitter holding your passport for verification purposes. Binance blunder big time here and for sure their reputation has somewhat damage with the latest controversy they got themselves.

Users would completely stop if these Cex will be gone and as long these exchangers exist people would continue to trust them yet this is the only passage for their coins to be transacted with fiat.We know that people aren't that blind when it comes to exploits or leaks but it turns out that they do make it as a casual stuff to burden.

Hmm... I don't think binance mentioned this third party during the 1st alleged KYC leak issue and they seemed to have only started investigating about them after this current issue broke out  :-\

And that's the other ugly side of KYC, losing privacy and possible identity theft. This is the problem of the police state that governments always end pursuing "in the name of national security, etc". Ideally people would never exchange, and pay and be paid in bitcoin. Transition period is quite annoying.

This is only a rumor that something like FUD to make Binance in bad shape. In fact Binance market is currently surging which means that the Binance crypto users did not believe about this news. Here is the link https://www.ccn.com/news/binance-coin-bnb-surges-11%25-fud-hack-rumors/2019/08/08/amp/

Peter Schiff EXPOSED after the discovery of his KYC document in Telegram. He's actually a closet-Bitcoiner! Bullish/HODL! 8)

https://pbs.twimg.com/media/EBcWndkUEAAUlsG?format=jpg&name=900x900

^
lol I don`t have any merit but thanks for the chuckle. +1

I mean peter schiff is right to hold gold, we as a species will be buying back all the gold with bitcoin in the future.

It also says it in the constitution that all the debts must be paid back in gold.  There is a lot of debt. ::)
The constitution in Article I, section 10 reads "No state shall...coin money, emit bills of credit, make any thing but gold and silver a tender in payment of debts..."

Land will be worth more than gold in the future, but 1pound of gold will be worth more than 1bitcoin.

I am talking like long long term.

i guess so because ive never seen a news like this on my browsers feed aside from this site  but if kyc is the only thing that have been hacked then  this shouldnt have any impact of the value of cryptos but peoples personal kyc can be in great danger  . the hack that happened before from binance is i think better than this one because cryptos can be replaceable if stolen but if your identity is stolen i dont think that you can still grab them back  .

Exactly, what gets into the Internet remains there forever and for sure the scammers will use it for their own purposes

I am not sure this is a recent news and I don’t know where this information is coming from now, I have not seen any of this recently, and the last rumor I heard about this KYC hacking was a year ago, well, I am sure that Binance will make an official statement as regards this. If this is really true, that will be bad because people’s data will really be in jeopardy and could be used for illegal stuff.

I am glad that I don’t fall among the group of people that have KC submitted on Binance, ever since I have been using Binance, I have never gotten above the pass line of those that do not require KYC, I have not traded above that limit. The only exchange that I can say I have my KYC on right now is my local exchange and that is so close to me that I would sue them if anything of such happens to me.

Guys, I’m interested in one question today.  Is it possible that if someone gets access to my passport data, including photos of my documents, then he will be able to access the accounts of the exchanges where I provided my KYC ?  If so, then I should reconsider my views on where they require me to provide KYC.

No. Your KYC information doesn't give anyone access to your accounts. If that was possible your friends and family who know your name, birthday, names of your parents and other things would be able to steal from you.

KYC information is used only because there are money laundering laws and they need to verify that one person is not using 10 or more accounts and that the name used to register is not stolen. They don't use this data to secure the account.

Doesnt the bar-code also contain the information ?
If yes then most of the barcodes can be read from those pictures ?

In anycase Binanace is in deep s*it, the best outcome for them is to pay the hackers. If not , all of those people can sue them and get them to pay them .
Depending on the outcome, it is interesting to think how many hacks they can afford before they will start to have financial problems.

Yes, it is, and Binance said the same stuff. nevertheless, they also say that the information will be checked again, which can be a hint for the attack. Do not you think that there is a very close connection between this stuff and the recent event on Binance - Hubble hardfork? It is supposed that now, they will be more protected and secured, and fake news might be an attempt to mock at them.

1/ This is old news!

2/ People should prioritize what really matters: has anyone lost any coin in this affair?

I understand ID theft is a serious problem, but the things a thief can do with a picture of yourself holding your ID is quite limited. What else has been stolen? Credit cards numbers? I'm using Binance from time to time, and after what Poloniex did to me (see my signature), I don't see this as a big issue.

Embarass you by posting your picture, looking awkward by holding your IDwith a note, in a "hot or not" website. Look at Peter Schiff up there. Hahaha.

1/ Old news with new information

2/ Every sensitive information is important and the more of them leak, the more a person is at risk of being a victim of fraud as they are more susceptible to more attacks compared to a person who only has email addresses and such leaked.

Like in this case, scammers can even use the leaked info to get more information like approaching you in social media-- huge number of ppl still have their full names on it.

They don't want to invest in security because behind the scene, the hackers are their own employees lol I mean it's 2019, do you seriously believe all these exchanges actually get hacked? It's just a way to escape the system, escape the customers, escape the laws with an excuse and no fines at all. They call it an exit scam.

Why/how would binance profit from leaking a couple thousand KYC docs/selfies from people?

If anything, it is extremely bad PR for them, and drives people away from using them.

Meanwhile the data itself really has little to none intrinsic value as most of it is already used and timestamped. (Most pictures at least.) So, really, it's only good for blackmailing.


https://www.theblockcrypto.com/tiny/binance-brought-in-78-million-in-profits-in-q1-up-66-quarter-on-quarter/

Why put your reputation on the line for a couple thousand KYC pics while your quarterly profits are 78 million? Doesn't add up

I have been reading that  Huobi users  personal data was also stolen
There is possible to buy stolen id scans  for 0.35 $ on Chinese dark web
And how we can trust exchanges and give them our personal data

This is very dangerous submit docs to CEX. As all this users data can be used by some criminal elements.

Its a time for DEX exchanges. Idex supports only ERC tokens, but may be some new cross-decentralized exchanges like ViteX will improve this situation...

Anytime if theres an exchange hack,people do whine about using up DEX rather than CEX but still majority would trust up these centralized exchange no matter how many they would face up issues regarding documentation/KYC leaks and that's the sad part.Nothing is perfect though but they should focus or invest seriously on security because if these scenarios would happen once again then this would be the main reason that they would go down to rankings due to trust issues.

Have you approached a bank or any financial services when you are not able to log into your account and even with exchanges and fiat based gambling sites, to verify you are the real person behind the call they will ask some basic things which are submitted through KYC like your date of birth and other personal details and if you are able to convince the support team, they might give the access to you or will provide further details about the balance you are holding in the account and so on, identity theft is a major issue everywhere and if these details are out in the public,it will be easier for criminals to take advantage of these sensitive information.

Wow. Every binance users are now a stock image. Or they would be illegally used until their value becomes zero. That is less of concern when governments can now track the users based on the nationality and take them in custody confiscating their funds. Many of the countries Binance allowing at the moment have strict ban on crypto tradings.
This cries out low why we should campaign against KYC and use exchanges that doesn't ask for one.

What are you even trying to say besides not using KYC exchnages?

There are not a lot of options, some exchanges will allow you to trade till certian level is met and only then ask you for your KYC. And BTW Binance has high threshold till they ask for KYC. There are few anonymous  "decentralized"  exchanges out there, but they dont have the liquidity of the large exchanges.

It is true that the liquidity in these decentralized exchanges are not that great and with the regulations coming up we need to have strict actions being taken against exchanges who does not take care of the personal documents we are producing and if the regulatory body start giving out hefty fines like they did with facebook, every exchange will have a better security in taking care of their customer documents.