Hong Kong police have raised the alarm after 11 Hong Kong-based Binance clients have been focused in a wave of phishing scams despatched through SMS.
Hong Kong Police warned customers of the rip-off in an October 9 message on his Fb web page referred to as “CyberDefender”.
“Just lately, scammers pretending to be Binance despatched textual content messages claiming that customers needed to click on on the hyperlink within the message to confirm their identification data by a deadline or their account can be deactivated.”
– CZ Binance (@cz_binance) October 9, 2023
Police stated that when customers clicked on the hyperlink and allegedly “verified” their private data, the hackers have been then capable of achieve full entry to their Binance accounts, the place they then stole all of the belongings contained within the wallets customers.
In keeping with the put up, the phishing scheme noticed 11 Hong Kong-based Binance clients report mixed losses of greater than $446,000 (HK$3.5 million) over the previous two weeks.
Police have requested all customers who imagine they’ve acquired a probably fraudulent message to log suspicious messages within the “fraud prevention” part of its official web site. web site.
Moreover, the police posted a hyperlink to a lately launched checklist of verified digital asset buying and selling platforms offered by the Securities and Futures Fee (SFC) of Hong Kong.
At present, solely two cryptocurrency exchanges — HashKey and OSL – are totally licensed for retail funding functions in Hong Kong.
Created in Might, CyberDefender is a mission launched by the Hong Kong Police Cybersecurity and Technological Crime Bureau, aimed toward elevating consciousness of on-line safety dangers amongst native residents.
Hong Kong Police Unveil ‘CyberDefender’ Metaverse Platform to Fight Rising Digital Crime. https://t.co/xyqa0iWQxf
– Cointelegraph (@Cointelegraph) Might 28, 2023
In the meantime, Hong Kong crypto traders have been hit onerous by scams and fraudulent exercise in current weeks, with the current JPEX crypto trade scandal explodes about $180 million in losses and greater than 2,300 Hong Kong-based traders filed complaints with native police.
JPEX was an unlicensed cryptocurrency trade that reportedly attracted Hong Kong residents with flashy promoting and “suspiciously“excessive returns on its mortgage merchandise. The trade elevated charges on withdrawals from its platform on September 15, making funds inaccessible to its customers.
Following this scandal, described as the most important monetary fraud ever to happen in Hong Kong, the SFC introduced that it will publish a listing of totally licensed and “suspicious” crypto platforms to be able to fight potential fraud.
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