Binance CEO Richard Teng has made a statement regarding fraudulent schemes targeting cryptocurrency users. He called for caution and awareness.
Scam Warnings
Richard Teng warned Binance users that scammers are trying to deceive them by pretending to be the platform's official support staff. He emphasized the need for asset protection and informed users to stay vigilant.
Scammer Tactics
Teng reported that scammers employ various schemes to gain access to users' accounts. For instance, they may try to make users send in 'facial recognition videos.' By manipulating these videos, scammers can bypass identity verification systems on Binance. Moreover, they send out malicious QR codes, which users fall victim to upon scanning.
Safe Crypto Trading Rules
Richard Teng stresses the importance of vigilance among users to avoid fund losses. He recommends, 'If it feels off, it's a scam. Report it!' Furthermore, in a recent post, Teng provided users with three rules to protect their investments and enhance their gains.
Richard Teng's warnings hold significant importance for cryptocurrency users. Staying vigilant and following safety rules can help prevent losses.
