Hong Kong police drew attention to fraud cases targeting 11 Binance customers and using fake messages sent to their mobile phones. In the post made on the Facebook page called "CyberDefender" on October 9, it was stated that the fraudsters sent a message on behalf of Binance, claiming that users must click on the link in the message within the specified time to verify their credentials, otherwise their accounts will be disabled.
It was stated that after users clicked on the link and "verified" their personal information, hackers gained full access to Binance accounts and stole all assets in the users' wallets. In the last two weeks, 11 Hong Kong-based Binance customers reported losses totaling 3.5 million Hong Kong dollars (US$446,000).
The police asked users who received suspicious messages to contact the "fraud prevention" section on the official website. Additionally, a link to the list of verified virtual asset trading platforms provided by the Hong Kong Securities and Futures Commission (SFC) was shared.
Currently, only two cryptocurrency exchanges in Hong Kong, Hashkey and OSL, are fully licensed for retail investment purposes.
Recently, cryptocurrency investors in Hong Kong have suffered huge losses from fraud and fraudulent activities. The recent JPEX cryptocurrency exchange scandal caused $180 million in losses, with more than 2,300 Hong Kong citizens filing complaints with the local police. Following this scandal, the SFC decided to publish a list of fully licensed and “suspicious” crypto platforms in order to prevent fraud.
It was stated that after users clicked on the link and "verified" their personal information, hackers gained full access to Binance accounts and stole all assets in the users' wallets. In the last two weeks, 11 Hong Kong-based Binance customers reported losses totaling 3.5 million Hong Kong dollars (US$446,000).
The police asked users who received suspicious messages to contact the "fraud prevention" section on the official website. Additionally, a link to the list of verified virtual asset trading platforms provided by the Hong Kong Securities and Futures Commission (SFC) was shared.
Currently, only two cryptocurrency exchanges in Hong Kong, Hashkey and OSL, are fully licensed for retail investment purposes.
Recently, cryptocurrency investors in Hong Kong have suffered huge losses from fraud and fraudulent activities. The recent JPEX cryptocurrency exchange scandal caused $180 million in losses, with more than 2,300 Hong Kong citizens filing complaints with the local police. Following this scandal, the SFC decided to publish a list of fully licensed and “suspicious” crypto platforms in order to prevent fraud.