Bitcoin Forum

A news flash today online says a telegram channel was uploading KYC information claimed to be from Binance exchange.

Particularly this news: https://www.cryptoinformers.info/news/10284-dedicated-telegram-channel-uploading-kyc-documents-which-it-claims-are-binance-user

But the CEO of Binance denied that it is not from its exchange.

according to the report, the only thing I see there that may seem is not Binance users KYC information that is been circulated is that the documents "do not have Binance digital water mark".

But what if it is true, how will it be for users?

Check CZ twitter. Right now is nothing more than FUD

Binance is large financial platform
+- altcoins are anonymous, of course some people  will try to hack it

I don't think so Binance is a very big exchange it will take all the precautions they can afford to lose their image a lot of people trust them.

Never go with the crowd. Most of the times what we see is not the actual truth. People portray false information in the name of truth and the others believe it and spread the FUD.
I guess that is what has happened here now. Though there might be people uploading KYC information on telegram channel but it isn't necessary that Binance was involved in it.
It might be an attempt to break the current growth in bitcoin's price. So it isn't wise to spread such FUDs by making threads like these.

If its not proven its from binance why write an article about it? I didn't even click.

There wouldn't have any problem when its hacked, they do have the money to give to all those who lose money there. Just like the previous hacked that had happened, its as if nothing happened. So don't worry about them getting hacked.

The "best" exchange is maybe not the best in term of security... It can have big holes. This is the risk of sending something on the internet. Nothing is safe. Only people who recognize themselves into thoses leaked pictures can really say if it was for their KYC at Binance or not.
https://www.newsbtc.com/2019/08/07/scammer-demands-300-bitcoin-from-binance-in-kyc-data-ransom/

All I know is that, we cannot be too certain of whether it is true or not, what I saw on the article was a news of a telegram channel uploading photos it claimed to have obtained from Binance exchange.

Based on this article: https://www.binance.com/en/blog/365766157488967680/Statement-on-False-KYC-Leak

They dont want to accept this FUD news but they said that they will offer a reward to people who can help them identify and pursue the suspect.
Very interestinggg....  ;D

You should be more careful and check any news yourself before creating a topic. This is another wave of FUD, and nothing more.

They already stated that it's not coming from them because of the absence, of their digital mark, but this is a big warning for airdrops and bounty participants or even ICO investors to be careful where and to who they are submitting their documents.

People are so easy to get sway by these FUDS, some groups out there hates Binance so they are doing this.

Crypto is filled with similar "news." This may mean that many people believe in such FUDs. This is not a good fact, since such "news" can control the market.

I've checked the telegram channel and it's not existing anymore, and Binance already posted in their official account that this is not true, and it can be verified because of the absence of Binance's digital mark, this is just to discredit Binance, because they are the number one exchange right now, a hack could only mean big negative feedback for Binance.

Now we know that KYC we've submitted to lower exchanges, scam ICO and airdrops can fall to the wrong hands and when it does you are not safe anymore because you do not know where it would end up, someone or somebody might be using your information for illegal activities.

It is definitely not. Binance's database is huge and if it is hacked, all information has been made public.
those KYC sets were only recorded on the 24th and I think this is FUD for a long time.
Don't worry too much about Binance, I think this is just a small incident.

Was that a hack on the exchange coins or hack on traders' kyc information?
I guess the the CEO of binance should confirm if this indeed happens before we rush to conclusions. Or binance users who find their data from the hack could confirm it too. .

Seems like only information of the of the traders leaked and CEO already denied that this is just a FUD.

But didn't see any price fall on their trading exchange so this might be a rumour.

No, this is not a binance hack, but there are other parties who claim to be part of binance.
and of course, KYC SHOULD NOT BE THROUGH telegram or other social media, even with Google form

Don't be easily influenced by Fud. Stop sharing telegram groups that contain these kyc images, just as you pay attention to hackers. Binance has also given an official statement on this matter. Statement-on-False-KYC-Leak (https://www.binance.com/en/blog/365766157488967680/Statement-on-False-KYC-Leak)
This issue is not the first time. Stay positive and don't be easily influenced, read news from trusted sources.

Binance antagonists are looking for way to bring down the reputation of Binance. They have tried many time s and yet they failed.
Well, even if that seems not to be the case, perhaps it is the handiwork of scammers, I believe they never got those info from Binance, but might be looking for ways to extort the exchange.

I think Binance ceo has debunked this and it is not a hack. What we do not know is if it was a cover up by Binance. However, it is still a fud. I can't begin to imagine how the market will crash if Binance ever gets hacked truly.

I think I need to wait for the official news , but at the moment I do not see anything critical , everything is in normal mode and in the chat rooms I do not see panic.

It was confirmed by Binance the alleges customers data sheet that was obtained from an unnamed third party company it has contracted to conduct its kyc last February 2018. Further through investigation the said hacking seems that one of the account images they analyzed have been doctored. So, we may say this is purely a FUD which may not be spread and worried in the binance community.

I am not sure about this news and that this is FUD news. If something happens with Binance then the CEO of CZ will confirm it.

Binance did not crash when the site was hack and lost $40 million (https://www.wired.com/story/hack-binance-cryptocurrency-exchange/).
This one if it's truly coming Binance is just an information, so it will have less effect compared to the money that was hacked which was covered by SAFU funds.

This is just proof on. How strongn Binance it.
Remember this, there will be a lot of issues when you in Number 1, it is either number 2 is the suspect or the number 3.

This kind of acts will be normally done to bring them down.
If it is true then say goodbye to Binance. That is privacy leakage and I think it is punishable by law because of the end user agreement.

Not that easy, maybe they will face sanction but they will still remain one of the top exchange in the market.


You can see their official statement in the link below, try to analyze it, for me, this leaked seems to be true.

https://www.binance.com/en/blog/365766157488967680/Statement-on-False-KYC-Leak

How can you tell that is just FUD? If Binance did appoint another company to do the KYC in 2018 and if this company got hacked, it is also Binance responsibility, as they choose this company. Or they are trying to pretend that it was another company who did the KYC to protect themselves. Which is worst as they would be liars. You should consider datas you put on the internet as public one day. As anything connected on the internet can potentially be hacked.

I have not yet believed this news, because anyone can just come up with some KYC documents and begin to claim that they were gotten from the place that is not.
All the same, exchanges, most especially the big ones like Binance, need to tighten up on their security, because a lot of people and most especially lives depend on them.
One of the things I have always thought of is that, if Binance gets hacked again, then which other exchange is safe in terms of security?
Little do I wonder that some exchanges, just because they cannot provide sophisticated tech for strong security, they decided to do their withdrawal and deposit with manual payment and confirmation. Although, the process is slow, but it is faster.

This is the news about that and you should not feel worried about that again
https://www.binance.com/en/blog/365766157488967680/Statement-on-False-KYC-Leak

It's another FUD from the binance haters i guess.
nothing happens and those FUDers are failed to make people panic.

As far as I know if something was wrong with Binance they clearly talked about it without any prolonging. And if CZ says that it is just FUD and nothing happened I believe him, because there was no cases when he lied.

LOL, you can't say that, they owned the business and normally a business would hide information if that affect their business negatively, they said it's fake but they are still doing an ongoing investigation on it. If people will complain, their result of investigation is not much reliable compared to the 3rd party company that should conduct an investigation to have a non bias result.

Do you remember last time when CZ tweeted that Funds are Safu? Binance lost 7000BTC for the first time in the history. Do not trust him everything, he only wants to stop bad words about Binance.