Binance CEO Warns of Widespread WhatsApp Impersonation Scams Targeting Cryptocurrency Investors

Recent reports from Binance CEO Richard Teng highlight a troubling surge in WhatsApp impersonation scams targeting cryptocurrency investors worldwide. These sophisticated phishing attempts are becoming increasingly common, putting users at risk of significant financial losses. 🛡️ Teng urges caution and awareness about these scams. 🧐 He emphasizes that legitimate companies like Binance will never initiate investment-related conversations through group chats or unsolicited messages on any platform.