Richard Teng flags surge in WhatsApp phishing targeting crypto users

Binance CEO Richard Teng warned users about a rise in phishing scams spreading through social platform WhatsApp, and is urging crypto users to heighten their vigilance in the uptick in social engineering and impersonation schemes. Teng said on Friday through his official X account that he had noticed a surge in fraudulent messages on the popular messaging app. “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,” he wrote. 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. — Richard Teng (@_RichardTeng) November 7, 2025 The Singaporean business executive shared an official Binance article with information on how the exchange contacts users and how to verify legitimate communication channels. How Binance officially contacts users According...

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