<ul><li>The Hong Kong police have reported a surge in reports of citizens falling prey to a Binance phishing scam.</li><li>In the past two weeks, 11 incidents have been recorded, involving 3.5 million yuan ($400K) in illicit transfers from Binance accounts.</li><li>To combat these scams, authorities have issued an alert on the &#34;Net Keeper&#34; social platform, emphasizing caution in virtual investments.</li></ul>The Hong Kong police <a href="https://news.mingpao.com/ins/%e7%86%b1%e9%bb%9e/article/20231009/s00024/1696847560224/%e9%a8%99%e5%be%92%e6%b6%89%e5%86%92%e5%85%85%e5%b9%a3%e5%ae%89%e7%99%bc%e9%87%a3%e9%ad%9a%e7%9f%ad%e8%a8%8a-%e8%ad%a6%e6%96%b9-%e6%8e%a511%e5%ae%97%e5%b8%b3%e6%88%b6%e8%99%9b%e6%93%ac%e8%b3%87%e7%94%a2%e8%a2%ab%e8%bd%89%e8%b5%b0%e6%b6%89350%e8%90%ac%e5%85%83" rel="noopener noreferrer nofollow">disclosed</a> a notable increase in the volume of reports from citizens who have fallen victim to a Binance phishing scam, seeking assistance from the law enforcement agency. Over the course of the last two weeks, authorities have recorded a total of 11 incidents, resulting in the illicit transfer of virtual assets from Binance accounts, amounting to a staggering 3.5 million yuan ($400K).Per the alert issued on the &#34;Net Keeper&#34; social platform, law enforcement officials have disclosed a concerning surge in fraudulent activities involving phishing text messages impersonating Binance, the world&#39;s leading cryptocurrency exchange. These deceptive messages, once clicked upon, enable scammers to pilfer users&#39; Binance accounts, facilitating unauthorized transfers and subsequent depletion of assets.In light of these incidents, the police have urged citizens to exercise utmost vigilance while engaging in virtual investment endeavors. To enhance awareness and prevent falling victim to such scams, the authorities have emphasized five critical precautions for potential investors.Read full article a<a href="https://cryptotale.org/hong-kong-police-issue-warning-amidst-surge-in-binance-phishing-scams/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Hong Kong Police Issue Warning Amidst Surge in Binance Phishing Scams

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