Scammers are pretending to be Binance support on platforms like Telegram to deceive users into clicking malicious links that steal their credentials or 2FA codes.
Binance warns users to be cautious of phishing scams and always verify information before clicking on unknown links.
Earlier this year, Binance users fell victim to SMS phishing scams where scammers claimed accounts were accessed from North Korea, leading users to transfer funds for a fake 'investigation.'
Binance CEO emphasized the importance of individual vigilance as the first line of defense against such fraudulent activities, despite the exchange working around the clock to protect user assets.