One of the world's biggest cryptocurrency exchanges says it has launched an investigation after an "Unidentified individual" threatened to leak a trove of its customer data.
Binance, which ranks as the top exchange by volume traded, said in a company statement today that the individual had demanded 300 bitcoin-the equivalent of more than $3 million-to halt the release of 10,000 photos showing "Know your customer" data from the organization.
"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," the firm said in a release today informing the community of the situation.
The stolen data is "Directly related" to a major Binance hack last year, CoinDesk reported.
"There are inconsistencies when comparing this data to the data in our system," Binance said.
On Twitter today, some accounts are sharing links which purport to offer a way to check if Binance customers have been impacted, which could potentially result in more data theft or compromise, according to industry commenters.
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