Binance CEO, Richard Teng, warns crypto users about a new scam known as the "share-seed-phrase" scam. Scammers send fake alerts claiming that users' wallets have been compromised and urge them to transfer their funds to a different wallet controlled by the scammer. Teng advises users to be skeptical and avoid falling for the scam by verifying alerts through Binance's official channels and not sharing private keys or seed phrases. It is crucial to take time, double-check the source of urgent requests, and be cautious to protect oneself and funds from crypto scams.



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