Coin

Yi He, co-founder of Binance, has issued an alert to the cryptocurrency community about an ongoing scam in a recent announcement. She revealed that a fake account impersonating her had misled several users, resulting in the loss of significant assets, including 60 ETH.&nbsp; 
Yi took it to her official X account, @heyibinance, to clarify that this is her only legitimate social media presence and that Binance Coin (BNB) is the only token she promotes. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 I noticed that a fake account has impersonated me and some users have been scammed. It’s been reported to me that someone has clicked into a malicious link and 60 ETH was stolen.<a href="https://twitter.com/heyibinance?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@heyibinance</a> is my only account. And <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BNB</a> is the only token that I endorse. Please stay alert to… <a href="https://t.co/A91lxN7a5z" target="_blank">pic.twitter.com/A91lxN7a5z</a>— Yi He (@heyibinance) <a href="https://twitter.com/heyibinance/status/1801608226191884546?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 14, 2024</a>
 </blockquote> 
 </div>
</figure> 
The incident underscores the craftiness of online scammers who often misuse the reputation of notable industry figures to deceive users. Consequently, Yi He has urged the community to stay vigilant and report any dubious activity they encounter. This proactive approach is essential in thwarting potential scams and protecting personal investments. 
Safety Measures and Community Cooperation 
Binance Chinese has also stepped forward with advice, urging users to be cautious with the information they encounter online. They stress the importance of avoiding unknown links and QR codes and advise verifying all information through official channels before engagement.&nbsp; 
Moreover, safeguarding personal information and assets is highlighted as a crucial step towards security in the digital space. 
By uniting in these security efforts, the cryptocurrency community can help prevent further fraudulent activities and ensure a safer environment for all users. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/06/14/nigeria-withdraws-tax-charges-against-binance-executives/" target="_blank" rel="noreferrer noopener">Nigeria Withdraws Tax Charges Against Binance Executives</a> 
</blockquote>

Binance Cofounder Yi He Warns Against Impersonation Scam

The Crypto Times

Other articles published on Jun 14, 2024

XRP Case: Ripple Hits Back at SEC Using TerraForm Labs Ruling

Dogecoin in Trouble: DOGE Breaking Support Could Spark Bearish Action

How to Make Money with the Free Cloud Mining Platform GDMining

Mallconomy: The New Frontier Of Online Shopping – Presale Now Live

Trezor Unveils New Safe 5 Crypto Hardware Wallet with Enhanced Security Features

Terra’s $4.5 Billion Fine: A Warning Shot to Crypto Fraudsters

Join our free newsletter for daily crypto updates!