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Cryptocurrency exchange Binance moved swiftly to dismiss privacy fears over the weekend after reports surfaced that extensive customer KYC documents were being freely distributed through hacker channels on the dark web and GitHub.

The exchange says it investigated but found no evidence that any internal systems were breached.

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X account otteroooo flagged purported leaks of confidential Binance KYC customer identification this weekend, raising concerns.

The account, known for exposing crypto security issues, shared screenshots allegedly showing Binance KYC data freely available over GitHub as well as hacker dark web forums.

However, according to a response from the exchanges support account, the exchanges security team swiftly investigated the circulating breach claims. The team found no evidence that any KYC databases have been infiltrated externally.

Binance mentioned that the accounts are secured with security layers like biometrics, authenticators, and MFA in place to keep verification materials safe. The exchange emphasized that it continually vets credible hack tips but found nothing to substantiate rumors of a systematic customer data leak in this case.

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As always, we appreciate anyone sharing potential bugs and security issues with us so we can investigate and, where necessary, take action to protect users, the exchange stated in its tweet.

Milk Road Writer

Vignesh has been a seasoned professional in the crypto space since 2017. He has been writing for over 5 years and specializes in writing and editing various types of crypto content, including news articles, long-form pieces, and blog posts, all focused on sharing the beauty of blockchain and crypto.

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Binance Addresses Privacy Concerns Over Alleged KYC Document Leak - Milk Road