#ChangpengZhao , CEO of #Binance , said that customers of insolvent platforms are the focus of a fresh round of phishing assaults.

User data was leaked as a result of the data breach at the financial and risk advising organisation, which gave rise to the phishing attempts.

CZ published a list of advice for consumers on how to avoid phishing attacks and safeguard their crypto asset holdings.

FTX, BlockFi, and Genesis Global Holdco's bankruptcy claimants' information was compromised by Kroll, a financial and risk advising firm. Changpeng Zhao (CZ), the CEO of Binance, one of the biggest cryptocurrency exchanges in the market, alerted his 8.6 million followers of possible phishing attempts targeted at these people.

FTX, BlockFi, and Genesis Global bankruptcy claims are the subject of phishing attempts, according to Changpeng Zhao, who alerted his Twitter followers to the threat. A particular kind of bitcoin fraud called phishing asks victims for their private keys or other sensitive information. Using a misspelt URL or clickable link in a phishing email, the attacker wins the victim's confidence.

The data leak at Kroll has been widely reported on social media.

CZ posted a piece from Binance on phishing defence that urged users not to click on links in emails containing security alerts. Some of the advice from the post include going to the website after double-checking the spelling and looking for a https at the beginning of the URL.

The CEO of Binance urged users to save their passwords and private keys. If they refrain from sending emails containing sensitive personal information, #crypto traders in the ecosystem are more likely to withstand phishing assaults.