Binance Big #scam Alert

One common scam is the "New Login Detected" text scam, where users receive a fake message claiming their account has been accessed from a foreign country. The message provides a phone number to call for assistance, but it's actually a scam to steal login credentials or cryptocurrency.

Another scam involves fake support staff contacting users through messaging platforms like WhatsApp, asking for identity verification and a video of their face. This is used to bypass biometric authentication systems and gain unauthorized access to accounts. $RIVER

There was also a recent data breach where a cybersecurity researcher uncovered a database containing 149 million login credentials, including 420,000 Binance credentials. This was due to infostealer malware on users' devices, not a breach of Binance's internal systems. $BTR

To stay safe, Binance recommends:

- Verifying suspicious messages through official channels

- Enabling two-factor authentication (2FA)

- Avoiding clicking on suspicious links or downloading software from untrusted sources

- Not sharing sensitive information or 2FA codes with anyone$AXS

#scamriskwarning