Binance shared a statement where it said an individual “threatened and harassed” Binance while demanding 300 BTC from them in exchange for withholding 10,000 photos that bear similarity to Binance KYC data. Binance clarified that they are still investigating the case “for legitimacy and relevancy.” However, they have not found any consistency with the data released by the scammer to the one on Biannce’s system. Binance has declared 25 BTC reward for the person who provides information about the scammer that can lead to his prosecution.