Common types of fraud:

* Fraudulent text messages with "New login detected": Scammers send fake text messages claiming to be from Binance, alerting you to a suspicious login attempt. They will ask you to call a certain number or provide sensitive information.

* Phishing Attacks: Scammers try to trick you into revealing your login credentials or two-factor authentication (2FA) codes through fake emails, websites, or social media messages.

* Impersonation scams: Scammers impersonate Binance employees, claiming to offer assistance or investment opportunities.

🚩 Red flags:

* Spam messages: Be wary of unexpected messages or calls claiming to be from Binance.

* Urgency: Scammers often create a sense of urgency to push you into taking immediate action.

* Requests for sensitive information: Binance will never ask you for your login credentials, 2FA codes, or private wallet keys.

* Weak grammatical and spelling rules: Legal messages from Binance are usually well-written and professional.

🛡️ Protection tips:

* Enable two-factor authentication (2FA): Add an extra layer of security to your account using two-factor authentication.

* Verify sources: Always check the official Binance website and official social media channels for updates.

* Be cautious of links: Avoid clicking on suspicious links or downloading attachments from unknown sources.

* Report suspicious activity: Report any suspicious messages or activity to the Binance security team.

🛑 What to do if you fall victim:

* Stop communication: Cease interaction with the scammer and block their number or account.

* Change passwords: Update your Binance password and enable two-factor authentication (2FA) if you haven't done so already.

* Report to Binance: Notify the Binance security team about the incident.

* Scan for malware: Check your device for any malware.

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