Tommy received a text message that appeared to be from Binance, warning he that Expired Tax Document and he need to complete verification on Website Link provided. Concerned, he clicked the link provided, which took him to a website that looked like the official Binance site.

Soon after Tommy filled all information, he received a call from someone claiming to be a Binance representative. The person instructed him to scan a QR code and perform a facial verification. Trusting the process, Tommy followed the steps, unaware that he was being scammed.

After the verification, Tommy was instructed again from the call to access Binance Application & complete Facial Verification once again. In a short time , Tommy received Binance Application Notification , 6 ETH had been withdrawn from his wallet. He realized this was a phishing attack but Tommy already suffer Financial Loss.

In the story , we had saw that Scammer created an Urgency Text to Tommy makes Tommy nervous. Soon later Scammer could easily take advantage of Tommy’s Identity to pass thru verification & withdraw Tommy’s Funds.

It is critical to understand that the any type of Verification (i.e Email Verification , Facial Verification) are security measures taken by Binance to protect user accounts. Therefore, we should never easily provide this information or perform these actions without first verifying the legitimacy of the request. 

Tommy should have contacted Binance customer service directly to confirm the request, rather than easily disclosing sensitive information. He should have used the official Binance Verify Tool to confirm the authenticity of the process before proceeding.

Safeguarding your digital assets requires vigilance. Never share information or perform verification steps unless you have confirmed the request is from a legitimate source.