Search This Blog

Sunday, November 1, 2026

Binance issues scam alert over fake reward offers

 Binance co-founder Yi He took to X on Sunday to warn users about fraudulent schemes and phishing links circulating in connection with the cryptocurrency exchange's community rewards campaign. Earlier today, the world's largest cryptocurrency exchange began the phased resumption of withdrawals.

Yi said the initiative is still awaiting regulatory approval and will launch only after the relevant authorities review and approve it, once their offices reopen tomorrow.

She also clarified that Binance is not currently running any cash voucher campaign, urging users to remain cautious and avoid suspicious links that claim to offer rewards linked to a $6.3 billion crypto heist.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.