Binance Responds to "335 Million User Data Breach": Suspected Scam, System Not Hacked The hacker group ShinyHunters recently claimed to have stolen 335 million pieces of Binance user data, including KYC information, passwords, emails, phone numbers, and transaction records, and offered to sell them for $900,000. Binance customer service responded that, based on the samples they have seen, this appears to be a scam, and they have not found any breach of Binance's system, user KYC data, or account credentials. Binance stated that several claims are clearly inconsistent: Binance does not store user passwords in plaintext, does not possess the private keys of users' external wallets, and the samples also show regions that Binance has withdrawn from. Such data typically originates from data-stealing trojans on users' own devices, not from Binance's system.