Binance Founder Zhao Rejects $900,000 Data Sale Claim as Scam

Binance founder Changpeng Zhao called a supposed $900,000 data sale a scam, rejecting an online listing that claimed to contain 335.9 million lines tied to the exchange.

Binance Customer Support said Nov. 8 that its review was ongoing and had found no evidence the listing compromised Binance systems, customer data, credentials, private keys or infrastructure. Zhao posted on X Nov. 9: “This is obviously fake/scam.”

The 335,900,000 figure describes the data volume advertised, not a verified number of Binance users or people affected. The listing does not establish that the records were genuine or that a breach occurred.

The asking price appeared as $500,000 in an earlier version and $900,000 in later versions. Advertisements were dated Oct. 30, Nov. 1 and Nov. 2; posting times were not given. The advertised dollar amounts were asking prices, and no completed sale was established.

Binance’s Nov. 8 update described its review as ongoing. The advertised line count does not verify how many users, if any, were affected.