SMS scammers posing as Binance have an even trickier way to fool victims

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Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance. 

The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a crypto account breach and instructing them to set up a new wallet, the Australian Federal Police (AFP) said in a March 21 statement.

The text messages look real at first glance because they…



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SMS scammers posing as Binance have an even trickier way to fool victims


Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance. 

The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a crypto account breach and instructing them to set up a new wallet, the Australian Federal Police (AFP) said in a March 21 statement.

The text messages look real at first glance because they…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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