Massive wave of scammers pretending to be Binance listing team, CEO warns
Binance CEO Changpeng Zhao (CZ) recently took to Twitter to warn the community of the scammers claiming to be Binance employees on LinkedIn.
The fraudulent profiles on LinkedIn claiming to be part of the one of the largest cryptocurrency exchanges are more than 500, CZ noted. The CEO of the exchange also added, “Our listing team is not public on LinkedIn. We will never contact you first about listing applications.”
CZ also pointed out that as a matter of in-house policy, Binance employees who are in charge of the listing services, they do not list their employer. He wrote, “Be aware of scammers. Most of the 500+ “Binance employees” on LinkedIn are FAKE.”
Reportedly, the fake Binance employers on the world’s leading professional social network claim to be either investors or traders. They try to lure individuals as well as ICO projects through private messages and asks them to pay for “advisory services”, promising to list their project on the platform and also access to some “insider” information.
However, according to the official Binance listing tips shared by CZ states that the online application form available on the Binance homepage is the “ONLY way to apply/request for listing on Binance.”
CZ has been warning community members of different kinds of scammers including the fraudulent accounts on various other social media sites like, Twitter, Facebook and Telegram. In fact, recently, CZ found out that an organization named Binance Korea is operating in Korea.
CZ, was informed about the scammers over WeChat. He took to Twitter to share the screenshots and wrote, “Someone should report them to the police”. Along with the tweet, CZ also shared the link of a Korean news portal where the full incident had been reported.
“To protect our community, we want to let you know that we do not have a separate company in Korea,” the platform clarified in a Medium post. The exchange warned users about such scams and asks them to be aware of companies that have announced partnerships with Binance, but are not verified by the exchange.
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