#CryptoScamSurge is trending now** on Binance Square, highlighting a sharp rise in crypto scams and phishing waves in real time. Recent posts warn users to avoid new scams.
2. Why it’s trending: Binance News reported a surge in phishing/address‑poisoning scams costing victims over $1.2 million early 2025 .
3. Key scam types mentioned:
Address poisoning (wallet‑poisoning/phishing): attackers trick users into sending assets to look‑alike addresses .
Fake giveaway scams: victims are lured into sending crypto in exchange for “free” returns, but get nothing .
Pump‑and‑dump / rug pulls & Ponzi: token hype collapses after insiders exit, leaving retail traders wiped out .
4. Example cases:
Telegram OTC scam: over $50 million lost via discounted token deals involving NEAR, SUI and others .