Caution: Targeting Binance Users with Scam SMS
Several Binance users have reported being targeted by a phishing SMS attack, where the scam text appeared within the platform’s official message chain, making it look like a legitimate call, making it more difficult to distinguish from real messages.
User Reports:
One user, Joe Zhou, shared his experience via a LinkedIn post, explaining that he received a text message from the same number he was receiving Binance verification codes from.
The message claimed that his account was being accessed from North Korea, prompting him to panic and call the number listed in the message.
A person claiming to be from Binance responded and asked him to set up a “SafePal” wallet, claiming that it is a partner of the platform, so that he can protect his assets, and insisted on transferring all funds to the wallet to conduct and complete security investigations.
After following the instructions, the user began transferring his funds, but he became suspicious.
He later contacted his contacts at Binance, who confirmed that it was a scam.
Zhou quickly tried to withdraw his funds, but he got into a race with the scammer, who was trying to transfer the assets before him.
Eventually, the victim ran out of gas fees, and while he was trying to swap ETH to pay the fees, his entire balance was taken.