Concern Regarding Scam Coins on Binance Web3 (SOLANA

Chain)

Dear Binance Team,

I am writing to bring to your attention the increasing prevalence of scam coins on Binance Web3, particularly on the Solana chain. Recently, I and other users suffered losses—$132 from **DogeWif** and $50 from **PHOUSE**—due to fraudulent activities.

**Key Concerns:**

1. **Lack of Scam Protection:** Despite Binance’s reputation, Web3 wallets seem vulnerable to rug pulls and fake projects.

2. **Retail Trader Impact:** Small investors like myself face significant losses with no recourse.

**Request:**

- Can Binance investigate these scams and assist in recovering

funds?

- Are there plans to enhance screening for Web3 listings or

implement safeguards (e.g., contract audits, user alerts)?

We trust Binance to prioritize user security and would appreciate guidance on avoiding such scams in the future.

**Regards,**

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**Note:** Keep it concise. Attach transaction hashes (if

comfortable) for reference. For immediate action, also report via Binance Support Chat.