Scam Sharing Recovery Phrase: Binance's Guide to Protecting Yourself Against the Increasing Threat
At Binance, your safety and assets are always our top priority. With the growing concern and increasing adoption of digital assets, a new scam targeting cryptocurrency users is becoming more prevalent, known as the recovery phrase sharing scam. Scammers impersonate cryptocurrency experts to urge victims to enter a new recovery phrase to set up a wallet and transfer their assets into this wallet. Then, the scammers proceed to drain the new wallet of its funds and vanish without a trace.
Please take a moment to read the information below and always be cautious to protect your funds and account.
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