Over 100,000 users of popular cryptocurrency exchanges like Binance and Gemini could be at risk as sensitive information is being sold on the Dark Web.
The leaked data reportedly includes full names, email addresses, phone numbers, and location information, raising alarms about increasing cybersecurity threats in the cryptocurrency sector.
Dark Web Targets Cryptocurrency Users
On March 27, a Dark Web user with the alias AKM69 listed a massive database believed to be associated with Gemini, one of the largest cryptocurrency trading platforms in the United States.
According to Dark Web Informer, the dataset primarily contains information from US users, with some entries from Singapore and the UK. The attacker claims the data could be used for marketing, fraud, and cryptocurrency recovery scams.
"The database for sale includes 100,000 records, including some from the US, Singapore, and the UK, with each record containing full name, email, phone number, and location data," the report stated.
It remains unclear whether this leak resulted from a direct breach of the Gemini system or other vulnerabilities such as account compromises or phishing campaigns.
Meanwhile, this incident followed another warning listing on March 26.
According to the report, another Dark Web actor, kiki88888, attempted to sell Binance user data. The database reportedly contains over 132,000 entries with exchange user login information.
Dark Web Informer suggests that phishing attacks are more likely the cause of the leak than system compromises.
"Some of you really need to stop clicking randomly," the informer stated.
Binance and Gemini have not yet publicly commented on this incident. However, phishing remains one of the most effective methods for cybercriminals to exploit cryptocurrency holders.
Scammers often impersonate official accounts or post misleading advertisements that redirect users to fake websites. Coinbase users are also being widely targeted through phishing campaigns.
As BeInCrypto previously reported, Coinbase users lost over $46 million to social engineering scams in March.
Blockchain security company Scam Sniffer revealed that phishing-related losses exceeded $15 million in the first two months of the year, highlighting the scale of the growing threat.
As threats increase, cryptocurrency users must remain vigilant and avoid suspicious links. Additionally, they should protect their accounts with two-factor authentication and hardware wallets where possible.
