Binance CEO Warns users of ‘Massive’ SMS Phishing Scam
Changpeng “CZ” Zhao is the CEO of Binance has alerted the crypto community against a "massive" SMS phishing scam targeting Binance customers.
The scam involves sending users a text message with a link to cancel withdrawals, leading users to a taking website designed to harvest their login credentials.
in Friday Tweeting, CZ alerted users of a phishing scam campaign directed at Binance users through SMS.
There is a massive Phishing scam via SMS with a link to cancel withdrawals. It leads to a phishing website to harvest your credential as in the screenshot below.— CZ Binance (@cz_binance) February 4, 2022
NEVER click on links from SMS!
Always go to https://t.co/9rMMAmtCxH via a bookmark or type it in.
Stay #SAFU pic.twitter.com/erNwe90FN1
CZ, the scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials.
The CEO has warned Binance users not to click any link received through SMS and advised them to always type the URL for the exchange into their browsers manually.
in Few cases of hacking and phishing have emerged so far in 2022, with few platforms suffering significant losses as a result of these attacks.
The Wormhole token bridge was subject to a security vulnerability on Wednesday, The loss of 120,000 Wrapped Ether (wETH) tokens ($321 million) from the platform On Jan 17, $33.5 million in crypto assets were stolen from Crypto.com a security breach.
Users also have been warned of a new malware that targets browser plugin wallets, like MetaMask and Coinbase wallet.