Binance co-founder Yi He has issued a warning to the crypto community about scammers impersonating her account and launching phishing campaigns. On Friday, He reported that crypto scammers successfully siphoned 60 Ether (ETH) from a victim who clicked a malicious link, mistakenly believing it was a promotion for a digital asset giveaway by the Binance executive.

“Please stay alert to such fake accounts,”

He advised blockchain participants and community members. Scammers often leverage famous personalities, companies, and other well-known figures for fraudulent purposes.

On previous occasions, bad actors have hacked social media pages operated by prominent figures such as CoinGecko, Ethereum’s Vitalik Buterin, and MicroStrategy. Scammers have also used deep fakes generated by artificial intelligence to host widely watched phishing traps on YouTube.

The issue is particularly rampant on social network X, where scammers frequently mimic the pages of web3 protocols during airdrops. This lures users into unknowingly stealing funds.

According to Blockaid, the number of malicious platforms spoofing Ethereum scaling solution zkSync has increased fivefold since the project announced its token distribution plan. Blockaid CEO and co-founder Ido Ben-Natan noted that scammers likely deploy X ads to target all zero-knowledge (ZK) accounts during this period.

This pattern is a growing trend in the blockchain industry as bad actors exploit the hype around airdrops to steal digital assets. Similar incidents were observed when Starknet and EigenLayer announced their respective airdrops.

Tips to Stay Safe from Crypto Scams:

  • Always verify the authenticity of promotions and giveaways.
  • Avoid clicking on suspicious links or ads.
  • Enable two-factor authentication on your accounts.
  • Regularly update your knowledge on common scam tactics.

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