#CryptoScamSurge Here’s a 100‑word focused summary on **#CryptoScamSurge** and how **Binance** is involved:
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**#CryptoScamSurge** is a growing concern for Binance users, as phishing and social engineering attacks escalate. Address‑poisoning scams alone have cost victims over **\$1.2 million** in early 2025, with monthly losses reaching \$1.8 million in February ([YourStory.com][1]). Fraudsters employ tactics like WhatsApp impersonation, SMS spoofing, and fake Telegram agents posing as Binance staff ([COINOTAG NEWS][2]). In response, Binance has blocked over **\$2.4 billion** in scam‑related transactions in H1 2024, protecting more than 1.2 million users ([Crypto2Community][3]). The platform also launched its Anti‑Scam Refund Initiative, recovering more than **\$9 million**, issuing 30,000+ proactive alerts, and blacklisting 47,000+ suspicious addresses ([newsghana.com.gh][4]).
**Ten tips for Binance users:**
1. Enable 2FA and secure your password.
2. Only trust official channels—never WhatsApp or SMS solicitations.
3. Always check withdrawal addresses.
4. Beware of impersonators and cloned domains.
5. Report suspicious messages immediately.
6. Avoid phishing links.
7. Stay informed through Binance’s Risk Sniper and Square alerts.
8. Be cautious of “high‑return” offers.
9. Double‑check community bots and group admins.
10. Use anti‑malware tools and verify apps before installation.
[1]: https://yourstory.com/2025/04/binance-law-enforcement-cracking-down-scams-frauds-india?utm_source=chatgpt.com "Crypto Scam Battle: How Binance and law enforcement are cracking down scams and frauds in India | YourStory"
[2]: https://en.coinotag.com/beware-of-binance-impersonators-common-crypto-scams-on-telegram-exposed/?utm_source=chatgpt.com "Beware of Binance Impersonators: Common Crypto Scams on Telegram Exposed | COINOTAG NEWS"
[3]: https://crypto2community.com/crypto-news/binance-blocks-2-4b-in-crypto-scams-protecting-1-2m-users/?utm_source=chatgpt.com "Binance Blocks $2.4B in Crypto Scams, Protecting 1.2M Users"