HACKERS DEMAND 300 BITCOINS FROM BINANCE CRYPTO CURRENCY FOR THE EXCHANGE OF KYC DATA LEAK

• HACKERS DEMAND 300 BITCOINS FROM BINANCE CRYPTO CURRENCY FOR THE EXCHANGE OF KYC DATA LEAK

 DEMANDS FROM THE HACKERS

The hacker demanded 300 bitcoins worth of 3.5 million in exchange of the KYC information of 10000 BINANCE company's customers. The person who would provide information related to the identity of the hacker would be given 25 bitcoins worth of 290,000 thousand dollars as a achievement price.

PLAN OF THE HACKERS
The hacker as explained by 'cyber security news today' created a telegram group in which he posted the image of 400 people standing with their passport and identity documents from Turkey, France, The United States, Russia and Japan etc across the world.

BINANCE COMPANY CEO'S RESPONSE TO THE LEAK

When asked to prove the source of the data, the individual demanded 300 BTC and refused to supply irrefutable evidence of their findings. Later, they went to the press under false pretenses, posing as a white hat with good intentions,” Binance said.
Meanwhile, Binance CEO Changpeng Zhao tweeted warning customers about the incident. “Don't fall into the "KYC leak" FUD. We are investigating, will update shortly,” Zhao tweeted.

“We are very sorry for the issue that happened. We understand that some users may feel offended, that is why we have prepared an official apology in a way of an airdrop to everyone who feels offended by the issue,” another tweet read.