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Binance CEO Warns of Fake Customer Service Scam Involving API Changes

Summary: In a recent post, Binance CEO Richard Teng warned of a scam involving fake Binance customer service calls requesting users to change their API. Scammers contact users using spoofed numbers or VoIP technology, claiming their Binance account is at risk and immediate API adjustments are needed to secure funds. Subsequently, scammers use the new permissions ...

In a recent post, Binance CEO Richard Teng warned of a scam involving fake Binance customer service calls requesting users to change their API. Scammers contact users using spoofed numbers or VoIP technology, claiming their Binance account is at risk and immediate API adjustments are needed to secure funds. Subsequently, scammers use the new permissions to initiate withdrawals, transferring cryptocurrencies directly to their controlled wallets.

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