<ul><li>The Australian Federal Police (AFP) has commenced a global investigation into crypto scams impersonating Binance, targeting Australian investors.</li><li>Scammers pose as Binance representatives via SMS and messaging apps, creating a sense of urgency and tricking victims into transferring their funds to a 'trust wallet' controlled by the scammers.</li><li>Australian authorities have launched Operation Firestorm to dismantle the organizations involved in these scams, collaborating with the National Anti-Scam Centre (NASC) and international law enforcement agencies.</li><li>Binance is committed to user education and security, planning to launch a new security feature to help users identify phishing scams.</li></ul>

Australian Federal Police Launches Operation Firestorm To Nab Crypto Scamsters Posing As Binance Representatives

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