On the 20th of January, CCN reported thousands of KYC documents were offered on a darknet marketplace by a user named “ExploitDOT”. According to the report several major exchanges were affected, including Binance, Bittrex and Poloniex. However, you may not have anything to worry about after all.
CCN reported on the events after being contacted by a security researcher. The security researcher had presented a set of three documents to prove the authenticity of the news. According to CCN, the documents appeared to be legitimate, but they did not take any further measures to verify their authenticity. Numerous news pages immediately spread the news, including Ripple News, Cryptoline News and The Block Crypto.
Skip forward a couple of days, and things didn’t quite seem as dark as reported. A news website called Decryptmedia dug a little deeper than most others did. What was found was that the news was likely to be fake.
The website spoke with Leah Li, global PR manager at Binance whom assured that they had investigated the news and that they found no evidence of a hack on Binance. This news was further confirmed by Binance’s CEO, who tweeted that the news in question was indeed “fake news”.
It is not clear whether this means that the provided documents are photo-shopped, taken from elsewhere or that Binance was the only exchange that was not affected. Despite the topic being incredibly hot in the cryptocurrency industry, other exchanges have not commented on the allegations at this point.