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Crime

Dark Web Hackers Sell Stolen User Data from Top Crypto Exchanges

Dark Web Hackers Sell Stolen User Data from Top Crypto Exchanges

Hackers on the dark web are reportedly selling stolen user data from prominent crypto exchanges like Gemini and Binance.

One hacker, operating under the alias AKM69, is said to have over 100,000 user records from Gemini, which include sensitive information such as names, email addresses, phone numbers, and location data, primarily from the U.S., with a few entries from the UK and Singapore. The stolen data is likely being marketed for fraudulent purposes, such as targeted scams and phishing, with the hacker categorizing it as part of a broader campaign to exploit consumer information in the crypto space.

In a similar incident, Binance is facing claims of a leak involving over 130,000 records of user emails and passwords. However, Binance denies that this data came from a breach within the exchange, instead attributing it to phishing attacks, where malicious actors gain access to user data by compromising browser sessions with malware.

The exchange emphasized that the incident was not related to any vulnerability within its platform. This situation mirrors past claims, including one from last year by the hacker FireBear, who purportedly had millions of Binance records. Binance swiftly dismissed those claims after conducting an internal security investigation, finding no evidence of a breach.

This recent wave of cybercrime targeting crypto exchanges comes amid a broader rise in scams within the digital asset space. On March 21, Australian federal police issued alerts to 130 individuals affected by a phishing scam targeting crypto users. Fraudsters impersonated legitimate exchanges like Binance, using fake sender IDs to deceive users.

Additionally, scams using pre-generated recovery phrases have been circulating, with reports from Twitter users on March 14 highlighting fraudulent attempts to trick people into setting up new wallets that were actually controlled by the scammers. These incidents highlight the growing need for enhanced security measures and vigilance within the cryptocurrency ecosystem.

Author
Editorial Team

Reporter at Coindoo

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