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New Phishing SMS scam related to the Bybit hack now targets the Binance exchange clients

New Phishing SMS scam related to the Bybit hack now targets the Binance exchange clients
Joe Zhou, a Web3 enthusiast and crypto entrepreneur, recently fell victim to a phishing SMS message scam related to the Binance exchange. The scammer sent Zhou a message from the usual Binance number, claiming his account was being accessed from North Korea and urging him to transfer his funds to a Safepal wallet. Zhou initially followed the instructions but became suspicious and consulted a friend at Binance, who confirmed it was a scam. Zhou lost only 200U in the ordeal. This type of phishing attack is not new to Binance, as a verified Binance official account had previously warned of a similar attack in 2024. Scammers impersonate Binance, send SMS messages to users, and convince them to transfer funds to a TrustWallet, which the scammers control.

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