🚨Binance Scam Alert🚨: Hong Kong Police have disclosed a recent phishing scam involving cybercriminals impersonating Binance, the world's leading crypto exchange, through text messages. In just two weeks, 11 instances have been recorded, resulting in a total loss of HK$3.5 million (approx. 3.5 million yuan)💰.

🔒To safeguard your virtual investments, the police recommend:

- Understanding security risks before transacting

- Choosing licensed platforms in Hong Kong for trading

- Storing large amounts of assets in offline or "cold" wallets

- Verifying the authenticity of any questionable messages

Stay vigilant, crypto investors!🔍 Share your thoughts and experiences in the comments below👇.