RATE Group | Binance Offers Lifetime VIP Membership to KYC Leak Victims
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Binance Offers Lifetime VIP Membership to KYC Leak Victims

25 Aug Binance Offers Lifetime VIP Membership to KYC Leak Victims

Posted at 04:55h in Cryptocurrency News by

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Major cryptocurrency exchange Binance announced that it will offer a lifetime VIP membership to all its users affected by the recent Know Your Customer (KYC) images leak on the platform.

According to the official blog, currently Binance is “actively contacting all potential victims with […] guidance on privacy protection and restitution,” and highly recommends “affected users to apply for new identification documents in their respective region.” The post also states:

“We are compensating affected users with a lifetime Binance VIP membership, including preferential trading fees, support, and more services.”

When a hacker knows your customer

As Cointelegraph reported recently, Binance said that its investigation of a KYC data leak that occurred in the beginning of August is still ongoing. The exchange’s security and investigations team is purportedly trying to identify the source of KYC images similar to those leaked by an unidentified hacker.

Binance announced the leak…

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