A total of 13,062,887 XLM, valued at approximately $4.94 million, has just been withdrawn from Binance and transferred to a verified scam wallet.
This marks one of the largest on-chain XLM scam losses recorded in recent months.
⚠️ Why This Matters:
The stolen funds are likely irrecoverable if linked to phishing or impersonation scams.
Even experienced users are at risk — scams are evolving and getting more deceptive.
This incident underscores the urgent need for on-chain security awareness.
🔐 How to Protect Yourself:
Always verify wallet addresses before transferring assets.
Avoid unsolicited messages, links, and “airdrop” offers.
Use Binance withdrawal whitelist and enable 2FA.
Be cautious with apps, browser extensions, and social media DMs.
💡 Reminder:
If you think you’ve interacted with a suspicious address or transaction, contact Binance Support immediately and report it to local cybercrime authorities.
Scammers are getting smarter — we must get sharper.
Tag a friend who needs this reminder.
#XLM #Cryptoscam #SecurityAlert #CryptoSecurity #BlockchainSafety