Binance Co-Founder Issues Important Warning to Crypto Community‼️🤯

In a critical message to the crypto community, Binance co-founder Yi He warned about a fake account impersonating him and leading to some users being defrauded. The alert came after a person was reported to have fallen victim to a malicious link sent by a fake account, resulting in 60 ETH being stolen.

Yi He used the official X account @heyibinance to inform his followers and the broader crypto community about the impersonation. He emphasized that this account is his only legitimate social media presence and Binance Coin (BNB) is the only token he has approved.

I noticed that a fake account was impersonating me and some users were scammed. I was notified that someone clicked on a malicious link and 60 ETH was stolen. And the only token I have confirmed is $BNB . Please be careful…

- Yi He June 14, 2024

This distinction is crucial as fraudsters often take advantage of the credibility of well-known names in the industry to deceive the public.

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Therefore, the crypto community is strongly encouraged to be vigilant against the existence of such fake accounts. In this regard, the Binance co-founder calls on the crypto community to report any suspicious activity and fake accounts to the relevant authorities to help prevent additional scams. This collective effort is vital to prevent others from being scammed.

Echoing Yi He's warning, Binance Chinese also advised users to be careful when dealing with information online. They emphasize the importance of not clicking on unknown links or scanning unfamiliar QR codes.

He emphasized to users that they should scrupulously protect their personal information and assets and not engage with any crypto-related content.