- Hackers breach Gemini and Binance, stealing data of over 100,000 users.
- Stolen data fuels identity theft, scams, and phishing attacks in crypto market.
- Cyber threats increase, with scams targeting crypto users across multiple exchanges.
Hackers claim they breached crypto exchanges Gemini and Binance, exposing personal information from over 100,000 users of each platform. The data – allegedly including names, emails, and phone numbers – is reportedly up for sale on the dark web, according to cybersecurity researchers at The Dark Web Informer.
These unconfirmed claims heighten concerns about cybercrime risks and potential scams targeting cryptocurrency users.
Gemini User Data Allegedly For Sale: What’s Claimed?
The Dark Web Informer’s report details claims from a hacker using the alias “AKM69.” This individual allegedly stole and is selling a database containing records for around 100,000 Gemini users. The affected users are reportedly primarily in the United States, though some records are linked to Singapore and the UK.
Sensitive information allegedly includes full names, email addresses, phone numbers, and location details. The source of this potential breach remains unconfirmed. Gemini has not commented publicly on the matter, and it’s unclear whether the issue, if confirmed, stems from an internal network compromise or external factors like widespread phishing or malware on user devices.
Binance Also Targeted? Separate Hacker Claims 132k Records
Following the Gemini report, a separate hacker identified as “kiki88888” reportedly offered over 132,000 records for sale, claiming they contain Binance user data including emails and passwords.
The authenticity and origin of this claimed Binance data are also unconfirmed. The Dark Web Informer suggests compromised user devices are one possible vector if the data proves legitimate.
Binance has faced similar, unverified claims before; last September, the exchange investigated and denied a hacker’s claim of accessing 12 million user records.
Related: Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt
How Is Stolen Crypto User Data Reportedly Used?
The data allegedly stolen from users of both exchanges is reportedly being marketed on dark web forums for various malicious purposes. Common uses include targeted scams, financial fraud, identity theft, and sophisticated phishing attacks designed to steal more credentials or funds.
The Dark Web Informer recently noted a broader trend of device compromises globally, with cybercriminals actively exploiting stolen personal and corporate data to execute scams, such as phishing emails or messages carefully spoofing legitimate crypto platforms.
Part of a Wider Trend Targeting Crypto Users?
These alleged Gemini and Binance incidents align with a wider pattern of cyber threats facing the crypto industry and its users. Australian authorities, for example, issued a warning on March 21 about scam messages specifically targeting users of various crypto exchanges.
These scams often use spoofed sender IDs from exchanges like Binance to trick recipients into revealing login credentials or transferring funds to fraudulent wallets. Similar phishing campaigns had also targeted Coinbase and Gemini users in mid-March, reportedly deceiving some individuals into sending cryptocurrency to attacker-controlled addresses, resulting in the permanent loss of their funds.
Users should remain vigilant against unsolicited messages asking for sensitive information or requesting fund transfers.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
