Binance Cofounder Warns Crypto Community
Binance Cofounder Warns Crypto Community

Binance Co-founder Warns Crypto Community

Binance co-founder Yi He warns the crypto community about a fake account impersonating her, which has scammed users, including one who lost 60 ETH.

Binance co-founder Yi He has released a critical message to the crypto community in which she warns about a false account that is impersonating her.

This account has resulted in some users being scammed. The alert was issued in response to a complaint that an individual was duped into clicking on a malicious link posted by the fake account, which led to the theft of 60 ETH.

Yi He utilized her official X account, @heyibinance, to notify her followers and the broader crypto community of the impersonation.

She underscored that this account is her sole legitimate social media presence and that Binance Coin (BNB) is the sole token she supports.

This distinction is essential because fraudsters frequently exploit the credibility of prominent industry figures to deceive the community.

Therefore, the crypto community must remain vigilant regarding the existence of these fraudulent accounts.

Given this, the co-founder of Binance encourages the crypto community to report any suspicious activity or false accounts to the appropriate authorities to prevent the emergence of further scams.

This collective endeavor is essential in preventing others from falling victim to scams.

Repeating Yi’s words He has issued a warning, and Binance Chinese has also advised users to exercise caution when interacting with online information.

They underscore the significance of refraining from scanning QR codes that are unfamiliar or acting on links that are unknown.

It is recommended that users exercise caution when engaging with any crypto-related content and to assiduously safeguard their personal information and assets by seeking verification through official channels.

The significance of vigilance in the digital asset space and the increasing sophistication of online schemes are underscored by the recent incident involving the Binance co-founder.

It is recommended that the crypto community exercise caution and confirm the authenticity of information before taking any action.

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