Binance And Gemini User Data Breach

Sensitive user information from top crypto exchanges Binance and Gemini may be compromised, following two separate dark web listings. More than 100,000 Gemini user records and 132,000 Binance user records are allegedly up for sale, heightening concerns about phishing and fraudulent schemes in the crypto sector.

Dark Web Databases: Gemini and Binance

On March 27, a threat actor named AKM69 claimed to have a dataset from Gemini customers, mainly in the United States but also from Singapore and the UK. The leaked information purportedly includes full names, email addresses, phone numbers, and location details. While it remains unclear whether Gemini’s systems were directly breached, experts note that phishing could have played a major role.

Just a day earlier, another dark web user, kiki88888, reportedly offered over 132,000 user records from Binance. The stolen records consist of login credentials, which could enable attackers to compromise user accounts if no further safeguards exist. Again, the source of the data leak is thought to be phishing-related, rather than a direct hack of Binance infrastructure.

A Growing Threat of Phishing Attacks

Phishing has become the weapon of choice for cybercriminals targeting crypto holders. Attackers often create fake websites or impersonate official platforms to trick users into revealing credentials. Coinbase users also face extensive phishing attempts, with an estimated $46 million lost to social engineering in March alone.

Scam Sniffer, a blockchain security firm, notes phishing-related losses surpassed $15 million in the first two months of 2025, underscoring the scale of these threats. As of now, Binance and Gemini have not publicly commented on the reported leaks, but the incidents highlight the urgent need for enhanced security measures.

In light of the Binance Gemini User Data Breach, crypto users must remain vigilant. Phishing schemes are on the rise, exploiting individuals through emails, texts, or misleading advertisements. Experts advise users to deploy multi-factor authentication (MFA), avoid suspicious links, and consider hardware wallets for maximum account safety.