Binance Co-Founder Targeted in Twitter Phishing Scheme by CoinEdition


  • Binance co-founder Yi He warns of a copycat scam on Twitter.
  • The scammer has already deceived users, causing them significant financial losses.
  • Binance urges caution and recommends verifying information through official channels.

Binance co-founder Yi He has issued a disclaimer against an impersonator using his identity to scam unsuspecting users on social media platform Musk, to ask if there is any way to address the problem on his part.

Yi He warned the public that clicking on the impersonator's link could result in users' money being stolen. He noted that the hacker had already deceived many people, causing significant financial losses.

Ms. He made a previous post alerting the public after she noticed a fake account impersonating her identity X. She highlighted that someone clicked on the link provided by the impersonator and was scammed out of 60 ETH.

The Binance co-founder reaffirmed that her only X account is with the name @heyibinance and BNB is the only token she supports.

She shared screenshots of the imposter, along with a pair of X accounts, attempting to impersonate her with handles that reflect modifications to her identity. She warned users to stay alert for these types of fake accounts and report them to X to prevent others from being scammed.

Binance, the cryptocurrency exchange, also stepped in to support its co-founder. The crypto exchange urged users to be careful with the information they find online. Binance emphasized the importance of avoiding unverified links and/or QR codes that advise users to verify information through official channels before participating.

The recent incident underlines the prevalent cunning of online scammers in using the reputations of notable figures to deceive users. It goes without saying that cryptocurrency enthusiasts must safeguard their digital assets through proper scrutiny.

The post Scam Alert: Binance Co-Founder Attacked in Twitter Phishing Scheme appeared first on Coin Edition.

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