Rising Concerns Over LinkedIn Impersonation
There is a growing concern over scammers using LinkedIn to impersonate prominent figures in the cryptocurrency industry. One such victim is Yi He, the co-founder of Binance. Scammers create convincing LinkedIn profiles and approach potential victims, offering token listings on Binance in exchange for large payments. However, Yi He has clarified that she has limited involvement with LinkedIn and does not participate in listing discussions. She urges everyone to be vigilant and cautious of false claims made by these impostors.
Another well-known figure, Anndy Lian, has revealed WhatsApp scams where fraudsters pretend to be Binance staff and entice people to join cryptocurrency groups with promises of passive income.
In response to these fraudulent activities, Binance has officially stated that they do not have any cryptocurrency groups under their name. They emphasize the importance of verifying the authenticity of any unsolicited offers.
Binance’s Stance on Security and Verification
Binance’s customer support has issued guidelines for users to ensure their security. They advise verifying the legitimacy of any contact claiming affiliation with Binance through official links provided on the exchange’s website. This includes verifying communication channels such as email, phone numbers, and social media profiles. Binance strongly advises against engaging with unofficial sources or sharing sensitive account information with them.
Exchange token listing scams have resurfaced in the recent crypto market upswing. These scams typically start with professional-looking LinkedIn profiles reaching out to project developers, promising token listings in exchange for a deposit. Unfortunately, these scams result in financial losses as the promised listings never materialize.
Hot Take: Binance Highlights Concerning Trend of Scammers Exploiting Crypto Market
Binance has raised an alarm about scammers taking advantage of the growing cryptocurrency market. They have observed a rise in exchange token listing scams, where fraudsters impersonate industry figures like Yi He and Anndy Lian to deceive victims. These scams involve LinkedIn impersonation, false promises of token listings, and WhatsApp scams offering passive income opportunities. Binance is urging caution and vigilance in verifying the authenticity of any unsolicited offers or contacts claiming affiliation with the exchange. It is crucial for users to follow Binance’s security guidelines and avoid engaging with unofficial sources.
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