Hong Kong Police Report $450K Losses as Binance Users Fall Victim to Text Message Fraud

Adekunle Joshua

Hong Kong-based Binance users have fallen prey to recent phishing scams via text messages

Hong Kong police issued a stern warning through "CyberDefender." Scammers are posing as Binance, urging you to click suspicious links for identity verification

Once the link is clicked and personal details "verified," hackers gain full access to Binance accounts, siphoning off over $446,000 in the last 2 weeks

Hong Kong Police shared a vital list of verified virtual asset trading platforms endorsed by the Securities and Futures Commission

Only HashKey and OSL are fully licensed for retail investments in Hong Kong

CyberDefender project, initiated by the Cyber Security and Technology Crime Bureau, is dedicated to enhancing online security awareness among Hong Kong citizens.

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