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Alert on Cryptocurrency Scam by Binance Co-Founder

Jun 14, 2024

Alert on Cryptocurrency Scam by Binance Co-Founder

Yi He, the co-founder of Binance, has raised a warning to the cryptocurrency community concerning an ongoing fraudulent scheme in a recent disclosure. The revelation disclosed that a counterfeit account posing as Yi He had deceived multiple users, resulting in substantial asset losses, including 60 ETH.

Yi He utilized her official X account, @heyibinance, to clarify that it is her sole authentic social media presence and that Binance Coin (BNB) is the exclusive token endorsed by her.

The occurrence highlights the cunning tactics employed by online scammers, misusing the standing of prominent industry personalities to defraud users. In response, Yi He called upon the community to remain vigilant and report any suspicious activities they come across. This proactive stance is crucial in mitigating potential scams and safeguarding personal investments.

Emphasizing Safety Measures and Community Collaboration

Binance Chinese has also stepped up with guidance, advising users to exercise caution when encountering online information. They emphasize the significance of steering clear of unknown links and QR codes, recommending verification of all data via official channels before interaction.

Furthermore, prioritizing the protection of personal data and assets is underscored as a pivotal measure for security in the digital realm.

Through collective efforts in bolstering security, the cryptocurrency community can contribute to deterring further fraudulent practices and establishing a more secure landscape for all users.

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