Binance Cofounder Yi He Warns Against Impersonation Scam

As a long-term crypto investor, I cannot stress enough how important it is to stay informed and vigilant about potential scams in this industry. The recent incident involving Yi He, the co-founder of Binance, serves as a stark reminder of the cunning tactics used by online scammers to deceive unsuspecting users.


Yi He, one of Binance‘s co-founders, has sounded the alarm within the cryptocurrency sphere regarding a current con trick. In her recent statement, she disclosed that an unauthentic account pretending to be hers had deceived numerous users, ultimately leading to substantial losses – approximately 60 Ether.

Yi made it clear on her authentic Binance account, @heyibinance, that this was her sole social media platform and that she endorsed only Binance Coin (BNB) as an authorized representative.

As a crypto investor, I’ve become aware that someone has created a fraudulent account under my name and deceived some users into clicking on a malicious link. Regrettably, approximately 60 ETH were stolen from them. I want to clarify that my exclusive crypto presence is through Binance, under the username @heyibinance. My endorsement is limited to BNB as my preferred token.— Yi He (@heyibinance) June 14, 2024

The occurrence highlights the cunning tactics of online swindlers who frequently exploit the good name of prominent industry personalities to defraud users. As a result, Yi He advises the public to remain cautious and alert them to any suspicious behavior they come across. This preventative measure is crucial in warding off potential scams and safeguarding individual assets.

Safety Measures and Community Cooperation

As a cautious analyst, I would recommend that users exercise great care when coming across information online, especially on Binance’s Chinese platform. Instead of blindly clicking on unfamiliar links or scanning unknown QR codes, it is wise to cross-check all data through official channels before taking any action. By doing so, you will minimize the risk of falling victim to potential scams or misinformation.

An essential aspect of ensuring security in the digital world is protecting personal data and valuables.

As a member of the cryptocurrency community, I believe we have a collective responsibility to strengthen our security measures and prevent fraudulent activities. By working together, we can enhance the overall safety and trustworthiness of the ecosystem for every user involved.

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2024-06-14 20:04