Binance CEO Warns of WhatsApp Phishing Scams

Binance CEO Warns of WhatsApp Phishing Scams

Binance CEO Richard Teng Warns of Rising Phishing Scams on WhatsApp
Binance CEO Warns of WhatsApp Phishing Scams
In a recent alert to the cryptocurrency community, Binance CEO Richard Teng has highlighted a concerning uptick in phishing scams targeting users through WhatsApp.  Teng, who has been vocal about security threats in the crypto space, emphasized the importance of vigilance to protect personal and financial information from fraudsters. The Warning from Teng On November 7, 2025, Teng took to X (formerly Twitter) to share his observations: "Seeing more phishing scams on WhatsApp lately.  Please stay cautious - Binance will never message you in groups about investments or funds.  If in doubt, verify first."  This statement underscores a growing trend where scammers impersonate Binance representatives to deceive users into revealing sensitive details or transferring funds. Teng's alert comes amid broader reports of sophisticated scams in the digital asset industry.  According to various sources, these phishing attempts often involve fake messages in group chats, promising high return…