🚀Elon Musk's X.com is under fire for not doing enough to combat crypto scams. Binance co-founder, Yi He, is sounding the alarm, questioning if the billionaire owner will step up. 🤔

🔍Yi He's concern comes from a scam impersonating her X handle and name, directing users to a non-existent Binance-backed memecoin. She warns, "Clicking on the link will result in your money being stolen." 💸

💥Scam Sniffer, a Web3 anti-scam company, reveals that nearly $50M is lost each month due to scams on X.com.

🔮Many believe these issues predate Musk's acquisition of Twitter and its rebranding to X, but his controversial paid verification service may be adding fuel to the fire.

🤷‍♂️Musk hasn't responded to Yi He's post yet. What do you think he should do? Sound off in the comments! 📣 #DeFi #Web3 #CryptoScams

P.S. No such thing as Binance-backed memecoins, folks! Don't fall for it! 🙅‍♂️