Scams in crypto has many forms. financial criminals will try to steal money from your bank account or put fraudulent charges on your credit card, crypto scammers will do anything to take your crypto. To protect your crypto assets, it helps to know when and how you’re being targeted and what you can do if you suspect that a cryptocurrency or any communications related to it are a scam.Crypto scams often aim to gain private information, such as security codes, or to trick a person into sending cryptocurrency to a digital wallet that may be compromised.Examples of scams are giveaways, hustles involving new romance, phishing, extortion emails, fake company alerts, blackmail, "rug pulls," and may involve fake mining apps or networks.Signing in different apps. crypto scams include poorly written white papers, excessive marketing pushes, and get-rich-quick claims, and your crypto exchange are the best places to contact if you suspect you’ve been the victim of a scam. Some Types of Scam: Scammer is Aiming to obtain access to a target’s digital wallet or authentication credentials. This means scammers try to get information that gives them access to a digital wallet or other types of private information, such as security codes. In some cases, it can include access to physical hardware, such as a computer or smartphone.Schemes that involve transferring your cryptocurrency directly to a scammer, prompted by impersonation, #fraudulent investment or business opportunities, or other malicious means, are popular scams.Scammers use psychological manipulation and deceit to gain control of vital information relating to user accounts. Successful scammers condition people to think they are dealing with a trusted entity, such as a government agency, so better do your own research on each transaction remember Knowledge is Power.#BTC #ETH #BNB #DYOR.

Amidst everything, negative News and uncertainty what's been happening in the Crypto Universe community and Binance company it self alot more, 93% in Binancians are Positive on the Market, Trades we could say the trend is UP. And as a member of the community were still Kicking Hard more than ever. to that extent this is the Time to Support our Beloved Platform BINANCE and the whole Team. And for what is worth were all in the same Boat ( M/V Crypto ). And it's The Season of Hope new beginning and giving. Last it's Year End. So with This giving 3 example of suggestions and you could add more .1. Birthday surprise gift for all Loyal members to BINANCE. No promo code direct gift for All Members.2. Year End Surprise gift to all Members in BINANCE. Again no promo code or draws or some sort.3. A NFT giving for all. That we could use/sell for all Loyal Binance members. This will also help boost the spirit and to continue their efforts and great success, record to the platform again to all regarding new or old and position and rank in the platform for all Loyal members in Binance and courage more new Members. NOTE: I'm not affiliated with Binance’s Company or any employee and entity for that matter. This is just giving some thought and suggestions and support to are Beloved Binance company and Community.Again Would Love to hear some thoughts and insights from you BINACIAN would appreciate alot. THANK YOU 😊 #BinanceWish #BinacianCommunity #LoveCrypto #LoyalBeliverBinance

Founder and CEO Changpeng Zhao and others were charged with violating the Bank Secrecy Act by failing to implement an effective anti-money-laundering program and for willfully violating U.S. economic sanctions and Binance agreed to forfeit $2.5 billion to the government and pay a fine of $1.8 billion — a combined $4.3 billion — and it is "one of the largest penalties we have ever obtained," according to U.S. Attorney General Merrick Garland. With This CEO Changpeng Zhao 'CZ' is step down from his position. He will also pay $50 million toward the settlement as well.And we noticed the significance of The exchange's native token, BNB, is down more than 8% in the last 24 hours. Binance holds around $2.8 billion worth of BNB tokens, according to Nansen. Now Some speculate that crypto will be better off with Binance’s founder Changpeng ‘CZ’ Zhao being punished for wrongdoing while leading the world’s largest cryptocurrency exchange. And Eliminates potential systemic risk associated with a hypothetical collapse of the exchange. And more negative reaction.Some are comparing it to Another 'FTX'. ( My thoughts )1st: having said that CZ is stepping down and taking all bullets, head first, it's means alot. BINANCE is taking the Full responsibility to the issues and resolving it. not hiding from it nor escaping, nor denying.2nd; What are the violation Of binance charged with conspiring to run an unlicensed money laundering/ transmitting business and violating banking and sanctions laws. Just a Question, is there any money been missing from the client/user? Are they taking about on the application system and security that may have/use to money Launderd. That is why Binance is updating time to time putting extra security and insurance. One of the largest holds of assets.3rd: And we can't deny the Facts, 'CZ' His contributions The innovation, Promoting the important and benefits and information of the cryptocurrency to New aged. the significance not just in Binance company but to the Crypto world it self.Don't take it away from CZ Those achievements and accomplishments.Binance remains the world's largest crypto exchange globally, processing billions of dollars in trading volume every year. Binance is likely to make it through the ordeal despite a turbulent situation.How about you guys what's your Takeaway from this?Do You think it is the start of collapsed of binance?NOTE: not indorser or affiliate to any platforms or Binance. #BTC #BINANCE #RichardTeng #CRYPTO