"Protecting Users: Binance's Collaboration to Combat Investment Scams"

Lily fell victim to a scam promising a 30% return on investment through a website called jobhive.top. She was repeatedly asked to complete tasks and make payments using her bank account, with the final payment requested to be made through Binance using cryptocurrency. Despite being asked for more funds multiple times to receive her earnings, Lily reported the fraudulent address, "TL935sLWmLK9siHiSUEfZmQ2zooiAbNwyV," to us. This address was then added to Binance's blacklist, preventing over 50 users from falling victim to the scam. Binance collaborated with leading Web3 security firms to establish a comprehensive global address database, helping users avoid sending funds to risky addresses.

#blacklists #binance #InvestmentDecision #FraudAlert #scammeralert