Binance CEO Warns of New Phone Scam Targeting Users

Binance CEO Richard Teng issued a public warning about a newly emerging scam targeting users via phone calls. Teng highlighted that scammers are posing as legitimate Binance support representatives, attempting to manipulate users into compromising their API settings for financial gain. 🛡️ While the scam sounds official and even urgent, it’s crucial to remember that no Binance employee will ever request your login credentials or passwords over the phone.