Express

CZ Adresses KYC Data Breach

Sofia Cabrera

Summary: ON August 7, 2019, Changpeng Zhao (aka CZ), CEO of Binance, tweeted to his followers and users briefly addressing the rumors of the Know-Your-Customer (KYC) data leak calling it an attempt to spread "FUD" (fear, uncertainty, and doubt). The tweet reads, "Don't fall into the "KYC leak" FUD. We are investigating, will update shortly."  Binance ...

ON August 7, 2019, Changpeng Zhao (aka CZ), CEO of Binance, tweeted to his followers and users briefly addressing the rumors of the Know-Your-Customer (KYC) data leak calling it an attempt to spread "FUD" (fear, uncertainty, and doubt). The tweet reads, "Don't fall into the "KYC leak" FUD. We are investigating, will update shortly."  Binance users are in panic and worried due to figures posing with personal documents that are allegedly those of Binance users. Binance released an official statement saying, "We would like to inform you that an unidentified individual has threatened and harassed us, demanding 300 BTC in exchange for withholding 10,000 photos that bear similarity to Binance KYC data. We are still investigating this case for legitimacy and relevancy."


Author: Sofia Cabrera

 

Last Update:

Tags: ,,,,
Link: CZ Adresses KYC Data Breach   [Copy]
  • Onchain Fatigue: The Harsh Reality Driving Users Away from Web3 23 hours ago
  • Are Airdrops Overfarmed? State of the Market 2 days ago
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 4 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 6 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 7 days ago
  • You need to login to comment.