Binance says ShinyHunters' 335 million-record sale claim looks like a scam
Original title: Binance Investigates ShinyHunters Breach Claims
The group demanded $900,000 on November 4; Binance says the sample does not match how it stores data.
ShinyHunters advertised 335.9 million Binance records on PwsForums, including passwords, KYC documents and hot-wallet assets, and demanded $900,000. Binance told a user the sample looks like a scam and said it found no evidence that systems, KYC, credentials, wallet keys or infrastructure were compromised. It said similar past listings often came from infostealer malware on user devices and warned of follow-on phishing. Separately, investigators say TraderTraitor is still laundering about $6.3 billion stolen from Binance in late October.
Unconfirmed: ShinyHunters' sale claim is unverified; Binance says it found no evidence of a systems breach.
- ShinyHunters posted the sale advertisement on PwsForums on November 4.
- The listing cited plaintext passwords, which Binance says it does not store.
- Binance said it does not hold keys for users' external wallets.
- TraderTraitor's October theft used fake job interviews and zero-day malware.
- Elliptic says the group is moving funds through disposable meme coins.
Impact: No confirmed exposure; users face follow-on phishing risk
- 1.Watch for phishing that requests passwords, 2FA codes, seed phrases or private keys.
- Threat actors
- ShinyHuntersTraderTraitor
- Victims
- Binance
- Organizations
- Elliptic
- Countries
- North Korea
From the original article
2 min read at infosecurity-magazine.com
Cryptocurrency exchange Binance says ShinyHunters’ breach claims appear to be a scam
By Phil Muncaster · infosecurity-magazine.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.