A hacker going by the name “Miembro” has recently posted on Breach Forums, offering to sell access to Binance’s law enforcement request panel for $10,000 in Bitcoin or Monero. This access supposedly provides private access exclusively used by law enforcement, allowing unlimited requests to be answered within three to seven days.

The hacker claims that inquiries can be made through the website portal or via Tox or Telegram, but only straightforward offers will be entertained. The post also reveals that Binance uses a third-party service called Kodex to validate law enforcement requests.

According to an investigation conducted by Hudson Rock researchers, the compromised credentials used to access the account are believed to belong to law enforcement officials. The compromised credentials were obtained through malware-infected computers, and it is still unclear whether access was actually achieved through these compromised login details.

Despite this uncertainty, the hacker has stated in a follow-up post that they have been testing the access and it is functioning properly. They claim that the access allows them to work with email addresses, phone numbers, document numbers, transaction IDs, and wallets.

It is worth noting that Binance is currently facing an impending ban from the Securities and Exchange Commission in the Philippines for operating as an unregistered exchange. Additionally, the former CEO of Binance, Changpeng “CZ” Zhao, has been ordered by a United States court to pay $150 million for violating the Commodity Exchange Act and Commodity Futures Trading Commission regulations. The exchange itself has been ordered to pay $2.7 billion to conclude the CFTC enforcement action.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Asia
Countries πŸ‡ΊπŸ‡¬ πŸ‡΅πŸ‡­ πŸ‡ΊπŸ‡Έ
Sentiment neutral
Relevance Score 1
People Changpeng Zhao, Miembro
Companies Kodex, Hudson Rock, Binance, Breach Forums, Securities and Exchange Commission (SEC)
Currencies Bitcoin, Monero
Securities None

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