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Fraudulent activities are probably one of the most encountered issues in the Bitcoin and cryptocurrency world. Sometimes we come across such activities and issue warnings. These activities continue by changing their patterns and cause significant harm to cryptocurrency investors. The thing to do is to be informed in advance and act accordingly. We will warn you about such a scam. Here are the details.
Beware of Misleading Binance Share
We want to warn our readers about a link circulating on X. It is clear that the link is intended for fraud. Therefore, we first point out that you should not click on the share made on X. We would like to note that the information contained in the image of the share is attractive.
The statements in the share are of the kind that would entice cryptocurrency investors. Because the Binance logo is used. The statement “Binance in celebration of our 6th year, we gift 1 Ethereum to all our users with an account balance of 150,000 TL and above” is included. When you click on the link, a different page opens as the source, not the Binance page. So it’s better not to click at all.
Target Audience Well Chosen in Scam
The share already determines who it will defraud from its expressions. What they want to do is to identify people with the mentioned amount of money and above and target them. The purpose is not to gift Ethereum at all.
If the exchange were to gift Ethereum, it would not make such a share. What it would do is to identify those with such amounts in its own database and conduct its own draw. Such a procedure has not been seen so far. Therefore, we call on the cryptocurrency community to be cautious against this share.
Community Must Take Precautions
Cryptocurrency investors should take several precautions to reduce the risk of being defrauded through X. Firstly, following reliable sources and preferring official accounts for access to information is important. They should carefully review profiles to block fake accounts and fraud attempts.
In addition, they should be wary of information and offers shared in private messages or links, never share personal or financial information, and immediately report suspicious situations to the authorities. By adopting a conscious and cautious approach, they can be safer against cryptocurrency scams through X.
Lastly, how X allowed such a share is a separate issue. The thing to do here is to report the relevant share to X as a scam. Thus, at least X will have taken its precaution.
