Binance accounts lose almost $450,000 to scammers following phishing attacks

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Binance accounts lose almost $450,000 to scammers following phishing attacks
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Binance accounts have been victims of multiple phishing attacks over the past two weeks, with Hong Kong police reporting multiple cases and urging use

Scammers have stolen HK$446,835 from 11 Binance accounts in the last two weeks, Hong Kong police reports. Attackers leveraged phishing text messages asking wallet holders to click links for identity verification. Hong Kong police have urged investors to trade using licensed cryptocurrency exchange platforms in in the region for better protection. Only two cryptocurrency trading platforms – OSL Digital Securities Limited and Hash Blockchain Limited – have been licensed to serve.

It comes at a time when the crypto industry has witnessed multiple attacks of different demeanor, spanning from DNS attacks to hacks, with key personalities including Billionaire Mark Cuban also falling victim. Also Read: Galxe, Balancer DNS attacks reveals many crypto enterprises are vulnerable to subdomain/domain hijacking Binance accounts lose HK$3.5 million Binance users in Hong Kong have reported losing a combined total sum of H$3.

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