More than 100,000 user records allegedly linked to cryptocurrency exchange Gemini have surfaced for sale on the dark web, sparking renewed concerns about data security in the crypto space.
According to a March 27 report from The Dark Web Informer, a threat actor using the alias “AKM69” claimed to possess a large trove of Gemini user data, including full names, emails, phone numbers, and location data. Most entries are said to originate from the United States, with others allegedly tied to users in the UK and Singapore.
While Gemini has not officially commented on the matter, it's currently unclear whether the data originated directly from its internal systems or via third-party vulnerabilities, such as phishing attacks or compromised user devices.
Not an Isolated Case: Binance Data Leak Claims Resurface
The Gemini incident comes just one day after a similar threat emerged involving Binance. A user going by “kiki88888” reportedly offered over 132,000 lines of Binance user data—including emails and passwords—for sale.
The Dark Web Informer speculated that the Binance data might have originated from compromised endpoints, rather than Binance itself. Users were cautioned to avoid suspicious links and emails, highlighting the ongoing risk of phishing attacks.
Notably, Binance has previously denied such claims, stating that its internal investigation found no breach in its core systems. In a past 2023 incident, an anonymous user “FireBear” had claimed access to 12.8 million user records, including names, email addresses, and home addresses. Binance responded by reaffirming that its security systems were uncompromised.
Crypto Data Breaches: A Broader Industry Problem
These incidents reflect a wider trend of data exposure across the crypto industry:
In November 2023, Nigerian crypto exchange Bitnob reportedly exposed over 250,000 KYC documents due to misconfigured Amazon Web Services (AWS) storage.
In December 2023, a breach affected over 58,000 customers of Byte Federal, a U.S.-based Bitcoin ATM operator.
In January 2024, cybersecurity firm SlowMist warned that over 7 million email addresses from a 2022 OpenSea data leak had been fully exposed—leaving users vulnerable to phishing scams.
Despite these incidents, it’s important to note that many platforms, including Binance, emphasize that their internal infrastructure remains secure and that most recent threats likely stem from individual user security lapses.
As always, users are encouraged to practice safe online behavior, enable two-factor authentication, and avoid clicking on suspicious links or sharing credentials.
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