We are talking about SMS-mailing scammers who have learned to impersonate the largest crypto exchange Binance.

The attackers pose as technical support staff of the trading platform, after which they massively send messages to potential victims demanding the transfer of funds to a new crypto wallet.

The reason for this is the alleged threat to their accounts. The police found that at least 130 people had already received similar SMS messages, which meant that the scheme should be treated with caution.

How Scammers Steal Cryptocurrencies.

The problem with this scheme is that the attackers' messages are displayed in real correspondence with Binance. Therefore, fake SMS messages are easily confused with official communication, in addition, this will definitely not raise questions from newcomers.

The message itself contains a fake tech support phone number. According to him, scammers report that a person's account is under threat of hacking, so he urgently needs to transfer his funds to a "trust wallet". This address is controlled by intruders, which allows them to steal money without hindrance.

Online text messaging services allow you to send SMS messages on behalf of Sender ID - for example, company names, not phone numbers!

The technology is made for convenience and, in theory, serves as an additional level of security. However, if the attack is successful, it can be used to forge messages.

(Fake newsletter from cryptocurrency scammers who pose as representatives of Binance).

After receiving a fake message, the phone groups it by Sender ID, displaying it in the same conversation as other messages with the same ID.

Police representatives conducted a mass mailing of warnings by e-mail and SMS to 130 people who could be affected by the fraudulent scheme.

It is worth noting that after funds are transferred to the scammer's wallet, they are quickly distributed over the network of other wallets, which makes it difficult to withdraw or refund them. Accordingly, it can be very difficult to react to a situation.

The police said that some of the most striking signs of this type of fraud are unexpected messages from alleged Binance representatives, personal information about account hacking, and pressure to immediately transfer funds or request a seed phrase.

Jimmy Su, Binance's director of security, noted that fraudsters often impersonate trusted platforms, exploiting vulnerabilities in telecommunications systems to substitute sender names and phone numbers.

Be careful, and please take care of yourself!