Urgent Safety Alert for All Users Issued by Binance CEO: In-depth Information

Binance CEO, Richard Teng, has issued a significant security warning to all users, urging them to take necessary precautions against scammers. Binance clients have previously been targeted with fake SMS alerts claiming breaches from North Korea, phishing links and fraudsters posing as Binance support using malicious QR codes. Teng recommends that users enable two-factor authentication, secure their devices and stay vigilant against scams.

Earlier in the year, Binance users were victim to a scam text message claiming their accounts had been accessed from North Korea. In a separate incident, scammers posed as Binance support to steal personal data using malicious QR codes. Binance responded to these events by advising users to only use official channels and report any suspicious activity.