Binance users in Hong Kong lose $450K in wave of fraud texts: HK police

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Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
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A new phishing scam targeting Binance users in Hong Kong has seen scammers steal $450,000 from victims, seeing local authorities issue an official warning of the scam.

Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform.Hong Kong’s police force has raised the alarm after 11 Hong Kong-based Binance customers were targeted in a wave of phishing scams sent through text messages.“Recently, fraudsters posing as Binance sent text messages claiming that users must click the link in the message to verify their identity details before a deadline, otherwise their account would be deactivated.

According to the post, the phishing scheme has seen 11 Hong Kong-based Binance customers report combined losses of more than $446,000 in the last two weeks. The police have asked any users who believe that they’ve received a potentially fraudulent message to log the suspicious messages on the “fraud prevention” section of its official

Additionally, the police displayed a link to a newly published list of verified virtual asset trading platforms, provided by the Hong Kong Securities and Futures Commission .by the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, aimed at increasing local citizen’s awareness of online security risks.

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