Binance CEO Changpeng Zhao (CZ) has warned that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform 3Commas.
This follows an incident on December 9, when Binance cancelled the account of a user who claimed a leaked API key tied to 3Commas was used “to make trades on low cap coins to push up the price to make profit.”
3Commas CEO Yuriy Sorokin denied the allegations in a blog post, but later acknowledged that “phishing was at least in some part a contributory factor” in user losses.
Sorokin has now confirmed the API key leak, but added that no proof was found that the leak was an inside job.
Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.
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