Binance Square

KeepYourFundSafeFromTheTrap

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THAKUR_00
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Just stay alert about the scam method seed pharse trap Okay I'll share again without example If someone is offering to give you a wallet with a seed phrase and claims it has $4,000 (or any amount) in it, it is almost certainly a scam. Here's how such scams usually work: 1. The Trap The wallet they provide might appear to contain $4,000, but the funds are typically locked behind transaction fees or require additional steps to access. They'll ask you to deposit your own money (or cryptocurrency) to cover the fees, gas costs, or other fake charges to "unlock" the funds. 2. How It Works The wallet they give you is preloaded with fake or inaccessible tokens. Once you send money to cover fees, the scammer immediately withdraws it, leaving you with nothing. Sometimes, the scam involves malware or keyloggers tied to the wallet they provide. 3. Red Flags Free Money Promises: If it sounds too good to be true, it probably is. Seed Phrase Sharing: No legitimate person would willingly give away access to a wallet with real money. Requests for Fees: If they ask you to deposit funds, it’s definitely a scam. 4. What to Do Do Not Use the Seed Phrase: Avoid accessing or interacting with the wallet; it could expose you to malware or phishing attacks. Do Not Deposit Funds: Under no circumstances should you send money to "unlock" the wallet. Report the Scammer: If possible, report the person to relevant authorities or platforms where the scam was initiated. This is a common method scammers use to steal funds from unsuspecting people. Protect yourself by staying cautious and skeptical of such offers. #KeepYourFundSafeFromTheTrap #BinanceSecurity #BinanceSquareFamily #MarketNewHype
Just stay alert about the scam method seed pharse trap

Okay I'll share again without example

If someone is offering to give you a wallet with a seed phrase and claims it has $4,000 (or any amount) in it, it is almost certainly a scam. Here's how such scams usually work:

1. The Trap

The wallet they provide might appear to contain $4,000, but the funds are typically locked behind transaction fees or require additional steps to access.

They'll ask you to deposit your own money (or cryptocurrency) to cover the fees, gas costs, or other fake charges to "unlock" the funds.

2. How It Works

The wallet they give you is preloaded with fake or inaccessible tokens.

Once you send money to cover fees, the scammer immediately withdraws it, leaving you with nothing.

Sometimes, the scam involves malware or keyloggers tied to the wallet they provide.

3. Red Flags

Free Money Promises: If it sounds too good to be true, it probably is.

Seed Phrase Sharing: No legitimate person would willingly give away access to a wallet with real money.

Requests for Fees: If they ask you to deposit funds, it’s definitely a scam.

4. What to Do

Do Not Use the Seed Phrase: Avoid accessing or interacting with the wallet; it could expose you to malware or phishing attacks.

Do Not Deposit Funds: Under no circumstances should you send money to "unlock" the wallet.

Report the Scammer: If possible, report the person to relevant authorities or platforms where the scam was initiated.

This is a common method scammers use to steal funds from unsuspecting people. Protect yourself by staying cautious and skeptical of such offers.

#KeepYourFundSafeFromTheTrap
#BinanceSecurity
#BinanceSquareFamily
#MarketNewHype
RoziqinKhoir
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thanks binance, i just post what a scam trap seed pharse, because many people don't know this, and this scam very dangereous , but my account get warning 🥲
#BinanceSquareFamily
#securealert
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