Binance warned of a rise in crypto scams on Telegram.

Binance warned of a rise in crypto scams on Telegram.


Binance warned of a rise in crypto scams on Telegram.

Binance published a blog post warning about the increase in crypto scammers on the Telegram messenger and offering ways to protect funds.

The article emphasizes that Telegram has become extremely popular in the crypto community, which attracts scammers. Users of the largest trading platform (over 207 million) are prime targets for criminals. Crypto scammers pose as exchange employees to deceive users, for example, by pretending to be financial advisors and sending phishing links. Scammers also create fake bots and fraudulent groups on Telegram. Users can fall victim by downloading a hacked version of Telegram with an embedded virus. In early June, a Binance customer lost $1 million due to an account hack.

It should be noted that in early June, a Binance customer reported losing $1 million as a result of an account hack.

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