Crypto imposter scams can come in a variety of forms. Avoid them using these tips 👇
If you’ve ever received unwanted calls or messages from contacts you don’t recognize, you’re in good company. While many calls and messages come from telemarketers, others may come from scam callers trying to steal from unsuspecting victims. Imposter scams are becoming more commonplace, targeting everyday people along with traditional investors and cryptocurrency users. Imposter scams attempts all follow a similar format: someone contacts you pretending to be someone they’re not.
Scammers who successfully log in to a user's Binance account may be able to initiate a withdrawal request. However, they will be unable to get the cash until they input the verification code. Once the code is sent directly to the user's phone number, the hacker impersonates a Binance staff member on WhatsApp and will try to convince you to give the code. . They may claim that the code is needed to secure your account.
You’ll receive a WhatsApp message prompting you to verify your account. The scammer will also send a QR code with instructions on how to scan and send the code to reboot your account. As soon as you do this, the scammer gains access to your account and clears your funds.The best way to protect yourself from this scam is by avoiding any interaction with an alleged Binance staff member.
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