🛑 *Scam Alert: Binance CEO Richard Teng Warns of New Fraud Method*
Binance CEO Richard Teng recently alerted the community about a new type of scam called “split phrase.” In this scheme, fraudsters pose as official representatives of exchange platforms. They trick users into transferring their funds to supposedly “secure” wallets that are actually fraudulent. This technique aims to exploit users’ trust to extract assets from them. Teng calls for vigilance and recalls the importance of scrupulously verifying the authenticity of requests before any transfer of funds.🚨🚥🚨
