ScamPrevention
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šØ Cryptocurrency Alert: Donāt Become a Victim! šØ
Imagine holding 850,000 USDT, ready to make a big cash move, only to find yourself losing it all to a scam! This nightmare recently befell a cautious individual who, despite testing the waters with a smaller exchange, fell prey to a ruthless scammer. After transferring the USDT, the scammer vanished, uninstalling their app and denying any wrongdoing. With no evidence, the victim lost both their cryptocurrency and its cash equivalent.
This shocking incident shines a light on a growing trend: as crypto popularity soars, so do the scams. Many believe offline transactions are safer, but they can be a breeding ground for fraud. Scammers are using encrypted apps like Telegram to set traps, disappearing without a trace. They may even hire impersonators, making it even harder to hold them accountable.
So, how can you protect your assets? Here are some creative strategies for safer cryptocurrency transactions:
1. Capture Every Moment: Use audio and video to document the transaction. Confirm the identity of the other party and detail all information. This can be your lifeline if disputes arise.
2. Choose Trusted Channels: Stick to platforms with real-name verification, like WeChat. Say goodbye to anonymous apps that make tracing transactions a nightmare!
3. Stick Around: Donāt rush off after the deal. Stay with the other party for a bit to ensure everything is locked in before you part ways.
4. Seal the Deal with a Contract: A written agreement outlining the terms can be your safety net. It provides a reference point should disputes occur.
As you dive into the exciting world of cryptocurrency, remember: safety first! Always conduct transactions with trusted individuals and keep your eyes wide open. Protect your assets and steer clear of becoming another cautionary tale in this digital age!
Stay smart, stay safe, and letās keep the crypto community thriving!
#CryptoAMA #CryptoSafety #ScamPrevention #BinanceCommunity #GrayscaleXRPTrust
Imagine holding 850,000 USDT, ready to make a big cash move, only to find yourself losing it all to a scam! This nightmare recently befell a cautious individual who, despite testing the waters with a smaller exchange, fell prey to a ruthless scammer. After transferring the USDT, the scammer vanished, uninstalling their app and denying any wrongdoing. With no evidence, the victim lost both their cryptocurrency and its cash equivalent.
This shocking incident shines a light on a growing trend: as crypto popularity soars, so do the scams. Many believe offline transactions are safer, but they can be a breeding ground for fraud. Scammers are using encrypted apps like Telegram to set traps, disappearing without a trace. They may even hire impersonators, making it even harder to hold them accountable.
So, how can you protect your assets? Here are some creative strategies for safer cryptocurrency transactions:
1. Capture Every Moment: Use audio and video to document the transaction. Confirm the identity of the other party and detail all information. This can be your lifeline if disputes arise.
2. Choose Trusted Channels: Stick to platforms with real-name verification, like WeChat. Say goodbye to anonymous apps that make tracing transactions a nightmare!
3. Stick Around: Donāt rush off after the deal. Stay with the other party for a bit to ensure everything is locked in before you part ways.
4. Seal the Deal with a Contract: A written agreement outlining the terms can be your safety net. It provides a reference point should disputes occur.
As you dive into the exciting world of cryptocurrency, remember: safety first! Always conduct transactions with trusted individuals and keep your eyes wide open. Protect your assets and steer clear of becoming another cautionary tale in this digital age!
Stay smart, stay safe, and letās keep the crypto community thriving!
#CryptoAMA #CryptoSafety #ScamPrevention #BinanceCommunity #GrayscaleXRPTrust
šØ Stay Safe from P2P Scams on Binance! šØ
Navigating the world of P2P trading can be exciting, but it's crucial to stay vigilant to avoid scams. Hereās how you can protect yourself and ensure smooth transactions:
š Know Your Counterparty: Always check the userās ratings and verification status. A trustworthy trader is a happy trader!
š³ Opt for Secure Payments: Choose payment methods with fraud protection, like bank transfers or credit cards, to keep your transactions safe.
š° Beware of Too-Good-to-Be-True Offers: If a deal seems unusually good, it might be a scam. Stay cautious and verify all details!
šØļø Keep Chats on Binance: Use the platformās chat feature for all negotiations. Itās your best tool for secure communication.
š Follow the Rules: Stick to Binanceās P2P trading guidelines to avoid common pitfalls and ensure a safe trading experience.
š Monitor Everything: Keep a close eye on your payments and asset transfers. Itās better to be safe than sorry!
šØ Report Suspicious Activity: If something feels off, notify Binance support immediately. Your report helps keep the platform secure for everyone.
Stay sharp and trade smart with Binance P2P! šŖ
#P2PScamAwareness #TradeSafely #BinanceP2P #CryptoSecurity #ScamPrevention
Navigating the world of P2P trading can be exciting, but it's crucial to stay vigilant to avoid scams. Hereās how you can protect yourself and ensure smooth transactions:
š Know Your Counterparty: Always check the userās ratings and verification status. A trustworthy trader is a happy trader!
š³ Opt for Secure Payments: Choose payment methods with fraud protection, like bank transfers or credit cards, to keep your transactions safe.
š° Beware of Too-Good-to-Be-True Offers: If a deal seems unusually good, it might be a scam. Stay cautious and verify all details!
šØļø Keep Chats on Binance: Use the platformās chat feature for all negotiations. Itās your best tool for secure communication.
š Follow the Rules: Stick to Binanceās P2P trading guidelines to avoid common pitfalls and ensure a safe trading experience.
š Monitor Everything: Keep a close eye on your payments and asset transfers. Itās better to be safe than sorry!
šØ Report Suspicious Activity: If something feels off, notify Binance support immediately. Your report helps keep the platform secure for everyone.
Stay sharp and trade smart with Binance P2P! šŖ
#P2PScamAwareness #TradeSafely #BinanceP2P #CryptoSecurity #ScamPrevention
Binance P2P (Peer-to-Peer) Trading Scams: Explanation and Protection
Binance's P2P platform enables direct cryptocurrency trading between users. Although Binance ensures a secure environment, scams can still occur. Understanding common scams and prevention strategies is crucial.
Common Binance P2P Scams:
1. Payment Fraud (Fake Payment Proofs)
How it works: Buyers pretend to pay by showing fake payment proof and pressure sellers to release crypto without actual payment.
Prevention: Verify payments in your bank account or wallet before releasing crypto. Use Binance's escrow service.
1. Chargeback Fraud
How it works: Buyers pay using reversible methods, receive crypto, and then reverse payments.
Prevention: Prefer non-reversible payment methods. Check payment provider's chargeback policies.
1. Phishing Scams
How it works: Scammers impersonate Binance support or create fake profiles to steal personal information.
Prevention: Never share account details or 2FA codes. Use official Binance channels.
1. Third-Party Payment Fraud
How it works: Buyers use someone else's bank account, leading to reversed payments.
Prevention: Ensure payment details match the buyer's name on Binance. Be cautious with unusual payments.
1. Overpayment Scams
How it works: Scammers overpay, ask for refunds, and potentially reverse original payments.
Prevention: Do not issue refunds until payments are fully confirmed. Verify payment authenticity.
Protection Strategies:
- Verify payments directly
- Use Binance's escrow service
- Check buyer/seller reputation
- Enable two-factor authentication
- Stay informed and cautious
- Follow Binance guidelines
By understanding these scams and adopting prevention strategies, you can ensure a secure trading experience on Binance P2P.
#BinanceP2P #Cryptocurrency #Write2Earn! #TradingSafety #ScamPrevention
Binance's P2P platform enables direct cryptocurrency trading between users. Although Binance ensures a secure environment, scams can still occur. Understanding common scams and prevention strategies is crucial.
Common Binance P2P Scams:
1. Payment Fraud (Fake Payment Proofs)
How it works: Buyers pretend to pay by showing fake payment proof and pressure sellers to release crypto without actual payment.
Prevention: Verify payments in your bank account or wallet before releasing crypto. Use Binance's escrow service.
1. Chargeback Fraud
How it works: Buyers pay using reversible methods, receive crypto, and then reverse payments.
Prevention: Prefer non-reversible payment methods. Check payment provider's chargeback policies.
1. Phishing Scams
How it works: Scammers impersonate Binance support or create fake profiles to steal personal information.
Prevention: Never share account details or 2FA codes. Use official Binance channels.
1. Third-Party Payment Fraud
How it works: Buyers use someone else's bank account, leading to reversed payments.
Prevention: Ensure payment details match the buyer's name on Binance. Be cautious with unusual payments.
1. Overpayment Scams
How it works: Scammers overpay, ask for refunds, and potentially reverse original payments.
Prevention: Do not issue refunds until payments are fully confirmed. Verify payment authenticity.
Protection Strategies:
- Verify payments directly
- Use Binance's escrow service
- Check buyer/seller reputation
- Enable two-factor authentication
- Stay informed and cautious
- Follow Binance guidelines
By understanding these scams and adopting prevention strategies, you can ensure a secure trading experience on Binance P2P.
#BinanceP2P #Cryptocurrency #Write2Earn! #TradingSafety #ScamPrevention
šØ Protect Yourself from Crypto Scams: An #Educational Thread šØ
In the vast world of cryptocurrency, scams can pose significant threats. Let's delve into how to stay secure and avoid falling victim to fraudulent schemes, particularly those involving web3 wallets.
š§ **How #Scammers Operate:**
Fraudulent actors may create enticing offers or promotions, urging users to download a web3 wallet from unverified sources. These wallets may appear legitimate, but they are designed to capture sensitive information, jeopardizing your crypto holdings.
š” **Protective Measures:**
1ļøā£ **Stick to Trusted Platforms:**
Only download wallets from reputable and official sources. Ensure that the platform you choose has a proven track record in the crypto community.
2ļøā£ **Verify Developers:**
Check the background and reputation of the wallet's developers. Legitimate wallets are transparent about their teams and undergo community scrutiny.
3ļøā£ **Community Recommendations:**
Seek recommendations from trusted sources within the crypto community. Fellow users can provide insights based on their experiences, helping you make informed choices.
4ļøā£ **Stay Informed:**
Regularly update yourself on common scam tactics. Awareness is a powerful defense against falling victim to fraudulent activities.
5ļøā£ **Official Websites Only:**
When interacting with cryptocurrencies, access official websites directly. Avoid clicking on links from unsolicited messages or unverified sources.
š« **Red Flags to Watch Out For:**
- Unsolicited messages promoting wallets.
- Urgent requests for immediate action.
- Lack of transparent information about the wallet's developers.
š¢ **Spread the Knowledge:**
Educate your fellow crypto enthusiasts about the importance of web3 wallet security. Share this thread to create awareness and empower the community against scams.
šŖ **Together, we can build a safer crypto environment. Stay vigilant, stay informed!** #CryptoSecurityClarification #Web3Wallet s #ScamPrevention
In the vast world of cryptocurrency, scams can pose significant threats. Let's delve into how to stay secure and avoid falling victim to fraudulent schemes, particularly those involving web3 wallets.
š§ **How #Scammers Operate:**
Fraudulent actors may create enticing offers or promotions, urging users to download a web3 wallet from unverified sources. These wallets may appear legitimate, but they are designed to capture sensitive information, jeopardizing your crypto holdings.
š” **Protective Measures:**
1ļøā£ **Stick to Trusted Platforms:**
Only download wallets from reputable and official sources. Ensure that the platform you choose has a proven track record in the crypto community.
2ļøā£ **Verify Developers:**
Check the background and reputation of the wallet's developers. Legitimate wallets are transparent about their teams and undergo community scrutiny.
3ļøā£ **Community Recommendations:**
Seek recommendations from trusted sources within the crypto community. Fellow users can provide insights based on their experiences, helping you make informed choices.
4ļøā£ **Stay Informed:**
Regularly update yourself on common scam tactics. Awareness is a powerful defense against falling victim to fraudulent activities.
5ļøā£ **Official Websites Only:**
When interacting with cryptocurrencies, access official websites directly. Avoid clicking on links from unsolicited messages or unverified sources.
š« **Red Flags to Watch Out For:**
- Unsolicited messages promoting wallets.
- Urgent requests for immediate action.
- Lack of transparent information about the wallet's developers.
š¢ **Spread the Knowledge:**
Educate your fellow crypto enthusiasts about the importance of web3 wallet security. Share this thread to create awareness and empower the community against scams.
šŖ **Together, we can build a safer crypto environment. Stay vigilant, stay informed!** #CryptoSecurityClarification #Web3Wallet s #ScamPrevention
šØ **Beware: Common Crypto Scams and How to Protect Yourself!** š”ļø
š **1. Phishing Scams:**
- Scammers often impersonate legitimate websites or platforms, tricking users into revealing their private keys or sensitive information.
- Protect yourself by double-checking URLs, enabling two-factor authentication (2FA), and never sharing private keys or passwords.
š **2. Ponzi Schemes:**
- Promising high returns with little to no risk, Ponzi schemes rely on recruiting new investors to pay existing ones.
- Avoid falling victim by conducting thorough research, questioning unrealistic promises, and seeking advice from trusted financial experts.
š» **3. Fake ICOs and Token Sales:**
- Scammers create fake initial coin offerings (ICOs) or token sales, enticing investors to buy non-existent or worthless tokens.
- Protect your funds by verifying the legitimacy of projects, scrutinizing whitepapers and team members, and avoiding FOMO-driven investments.
š **4. Fake Wallets and Exchanges:**
- Fraudulent wallet apps and exchanges deceive users into depositing funds, only to steal them later.
- Safeguard your assets by using reputable wallets and exchanges, researching user reviews, and avoiding suspicious links or downloads.
š« **5. Pump and Dump Schemes:**
- Groups artificially inflate the price of a low-cap cryptocurrency through coordinated buying, then sell off their holdings at a profit, leaving unsuspecting investors with losses.
- Stay vigilant by avoiding hype-driven investments, conducting due diligence, and being wary of sudden price spikes.
š”ļø **Protect Yourself:**
- Educate yourself about common scams and warning signs.
- Always verify the legitimacy of projects, platforms, and individuals.
- Use reputable wallets, exchanges, and security measures.
- Trust your instincts and don't fall for promises that seem too good to be true.
š£ **Stay Safe:**
Remember, protecting yourself from crypto scams is essential for safeguarding your hard-earned money and ensuring a secure investment experience.
#CryptoSafety #ScamPrevention $BTC $ETH $BNB
š **1. Phishing Scams:**
- Scammers often impersonate legitimate websites or platforms, tricking users into revealing their private keys or sensitive information.
- Protect yourself by double-checking URLs, enabling two-factor authentication (2FA), and never sharing private keys or passwords.
š **2. Ponzi Schemes:**
- Promising high returns with little to no risk, Ponzi schemes rely on recruiting new investors to pay existing ones.
- Avoid falling victim by conducting thorough research, questioning unrealistic promises, and seeking advice from trusted financial experts.
š» **3. Fake ICOs and Token Sales:**
- Scammers create fake initial coin offerings (ICOs) or token sales, enticing investors to buy non-existent or worthless tokens.
- Protect your funds by verifying the legitimacy of projects, scrutinizing whitepapers and team members, and avoiding FOMO-driven investments.
š **4. Fake Wallets and Exchanges:**
- Fraudulent wallet apps and exchanges deceive users into depositing funds, only to steal them later.
- Safeguard your assets by using reputable wallets and exchanges, researching user reviews, and avoiding suspicious links or downloads.
š« **5. Pump and Dump Schemes:**
- Groups artificially inflate the price of a low-cap cryptocurrency through coordinated buying, then sell off their holdings at a profit, leaving unsuspecting investors with losses.
- Stay vigilant by avoiding hype-driven investments, conducting due diligence, and being wary of sudden price spikes.
š”ļø **Protect Yourself:**
- Educate yourself about common scams and warning signs.
- Always verify the legitimacy of projects, platforms, and individuals.
- Use reputable wallets, exchanges, and security measures.
- Trust your instincts and don't fall for promises that seem too good to be true.
š£ **Stay Safe:**
Remember, protecting yourself from crypto scams is essential for safeguarding your hard-earned money and ensuring a secure investment experience.
#CryptoSafety #ScamPrevention $BTC $ETH $BNB
š¢šØP2P Scams in Pakistan & Solutions! šØ šØ
šØPeer-to-peer (P2P) traders in Pakistan are increasingly falling victim to scams, but by following certain security measures, you can safeguard your funds and avoid becoming a victim. Hereās how:
1ļøā£ How Scammers Trick P2P Users:
Fake SMS Scams: Scammers send fake payment confirmations via SMS or screenshots, tricking sellers into releasing their crypto.
š” Solution: Always verify that the payment is in your bank account before marking the transaction as complete. Ensure that the payerās name matches the one on the P2P platform.
Chargeback Scams: Using services like JazzCash or EasyPaisa, scammers can reverse payments or claim a mistake to freeze your account.
š” Solution: Wait for payments to settle and avoid using these platforms for larger transactions.
2ļøā£ Security Measures to Avoid Scams:
Trade with Verified Merchants: Choose merchants with a verified status, completion rates above 98%, positive feedback over 92%, and a high trade volume (1,000+ trades).
Stick with Trustworthy Merchants: If a merchant has proven reliable in the past, trade with them again to reduce scam risk.
3ļøā£ Two-Bank Strategy to Avoid Freezing of Funds:
Separate Bank Accounts: Use one bank account (e.g., MCB) for receiving payments from crypto transactions and another (e.g., UBL) for personal use.
Immediate Withdrawals: After receiving payment, withdraw the funds immediately before releasing the crypto on the platform. This ensures that the funds are in your possession before confirming the trade.
Avoid Interbank Transfers: Do not transfer funds between accounts. If the MCB account is flagged, your personal account (UBL) will remain untouched.
This two-bank approach ensures isolation of funds and quick access to your money while protecting your savings if your account gets frozen.
Encourage fellow traders to adopt these strategies to protect their funds and avoid scams!
#P2PTrading #CryptoSafety #ScamPrevention #moonbix #10MTradersLeague
1ļøā£ How Scammers Trick P2P Users:
Fake SMS Scams: Scammers send fake payment confirmations via SMS or screenshots, tricking sellers into releasing their crypto.
š” Solution: Always verify that the payment is in your bank account before marking the transaction as complete. Ensure that the payerās name matches the one on the P2P platform.
Chargeback Scams: Using services like JazzCash or EasyPaisa, scammers can reverse payments or claim a mistake to freeze your account.
š” Solution: Wait for payments to settle and avoid using these platforms for larger transactions.
2ļøā£ Security Measures to Avoid Scams:
Trade with Verified Merchants: Choose merchants with a verified status, completion rates above 98%, positive feedback over 92%, and a high trade volume (1,000+ trades).
Stick with Trustworthy Merchants: If a merchant has proven reliable in the past, trade with them again to reduce scam risk.
3ļøā£ Two-Bank Strategy to Avoid Freezing of Funds:
Separate Bank Accounts: Use one bank account (e.g., MCB) for receiving payments from crypto transactions and another (e.g., UBL) for personal use.
Immediate Withdrawals: After receiving payment, withdraw the funds immediately before releasing the crypto on the platform. This ensures that the funds are in your possession before confirming the trade.
Avoid Interbank Transfers: Do not transfer funds between accounts. If the MCB account is flagged, your personal account (UBL) will remain untouched.
This two-bank approach ensures isolation of funds and quick access to your money while protecting your savings if your account gets frozen.
Encourage fellow traders to adopt these strategies to protect their funds and avoid scams!
#P2PTrading #CryptoSafety #ScamPrevention #moonbix #10MTradersLeague
Protect Yourself from Binance P2P Scams
Binance's Peer-to-Peer (P2P) platform enables direct cryptocurrency trading between users. While Binance ensures a secure environment, users must beware of potential scams.
*Common Binance P2P Scams:*1.
Payment Fraud (Fake Payment Proofs)2. Chargeback Fraud3. Phishing Scams4. Third-Party Payment Fraud5. Overpayment Scams6. False Disputes*Prevention Strategies:*1. Verify payments directly2. Use Binance's escrow service3. Check buyer/seller reputation4. Enable two-factor authentication (2FA)5. Stay informed and cautious6. Follow Binance guidelines*Best Practices:*- Use non-reversible payment methods- Avoid processing refunds until trades are verified- Maintain clear records of transactions and communications- Provide clear evidence during dispute resolution*Stay Safe on Binance P2P:*- Be cautious of unknown or suspicious parties- Don't share sensitive information- Use strong, unique passwords- Enable 2FABy understanding potential scams and following these prevention strategies, you can ensure a secure trading experience on Binance P2P.#BinanceP2P #TradingSafety #BNBChainMemecoins #DOGSONBINANCE #ScamPrevention
Binance's Peer-to-Peer (P2P) platform enables direct cryptocurrency trading between users. While Binance ensures a secure environment, users must beware of potential scams.
*Common Binance P2P Scams:*1.
Payment Fraud (Fake Payment Proofs)2. Chargeback Fraud3. Phishing Scams4. Third-Party Payment Fraud5. Overpayment Scams6. False Disputes*Prevention Strategies:*1. Verify payments directly2. Use Binance's escrow service3. Check buyer/seller reputation4. Enable two-factor authentication (2FA)5. Stay informed and cautious6. Follow Binance guidelines*Best Practices:*- Use non-reversible payment methods- Avoid processing refunds until trades are verified- Maintain clear records of transactions and communications- Provide clear evidence during dispute resolution*Stay Safe on Binance P2P:*- Be cautious of unknown or suspicious parties- Don't share sensitive information- Use strong, unique passwords- Enable 2FABy understanding potential scams and following these prevention strategies, you can ensure a secure trading experience on Binance P2P.#BinanceP2P #TradingSafety #BNBChainMemecoins #DOGSONBINANCE #ScamPrevention
āā BEWARE OF SUCH SCAMMERSāā
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āā READ THESE GUIDELINES āā
āāāāā
šScammer Gang Arrested by Vietnam Police in June 2024! š
Exciting News, Binancian Community! šØ
In 2023, scammers in Vietnam deceived victims on Binance P2P by contacting them offline via Zalo and tricking them into scanning a login QR code. But fear not, we took swift action to protect our users from these ATO (account takeover) risks! šŖš
Hereās how we tackled the scam head-on:
1. Upgraded Risk Image Model: Captured scam screenshots in real-time.
2. Identified Scammer Recipients: Analyzed victim payment details to identify scammers. šµļøāāļøš”
3. Enhanced Chat Detection Model and Rules: Added Zalo Gang content for better identification. šš
4. Victim Protection: Suspended withdrawals for accounts at risk. š”ļøš«
Victims reported the scam to local law enforcement (LE), leading to the arrest of the fraudsters. Sentences range from 20 years to life imprisonment. āļøāļø
Kudos to Vietnamese LE for their swift action! šš
Stay safe and vigilant, Binancians! Together, we can keep our community secure. šŖš
#CryptoSafety #ScamPrevention #BinanceP2P #CommunitySafety #StaySafe
ā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļøā¼ļø
āā READ THESE GUIDELINES āā
āāāāā
šScammer Gang Arrested by Vietnam Police in June 2024! š
Exciting News, Binancian Community! šØ
In 2023, scammers in Vietnam deceived victims on Binance P2P by contacting them offline via Zalo and tricking them into scanning a login QR code. But fear not, we took swift action to protect our users from these ATO (account takeover) risks! šŖš
Hereās how we tackled the scam head-on:
1. Upgraded Risk Image Model: Captured scam screenshots in real-time.
2. Identified Scammer Recipients: Analyzed victim payment details to identify scammers. šµļøāāļøš”
3. Enhanced Chat Detection Model and Rules: Added Zalo Gang content for better identification. šš
4. Victim Protection: Suspended withdrawals for accounts at risk. š”ļøš«
Victims reported the scam to local law enforcement (LE), leading to the arrest of the fraudsters. Sentences range from 20 years to life imprisonment. āļøāļø
Kudos to Vietnamese LE for their swift action! šš
Stay safe and vigilant, Binancians! Together, we can keep our community secure. šŖš
#CryptoSafety #ScamPrevention #BinanceP2P #CommunitySafety #StaySafe
Avoid Paid-But-Canceled Scams on Binance P2P: Expert Tips
Binance P2P users, beware! Paid-But-Canceled scams are on the rise. Learn how to identify and avoid these scams to protect your assets.
Scam Alert:
A seller convinces a buyer to cancel an order after payment, citing transaction issues. The scammer keeps both payment and cryptocurrency.
Safety Precautions:
1. Confirm refunds before canceling orders.
2. Report suspicious activity to Binance support.
3. Keep conversations on Binance.
4. File appeals for unresolved transactions.
Best Practices:
- Verify seller reputation.
- Use Binance's escrow service.
- Secure account and passwords.
- Monitor account activity.
Stay informed, stay safe:
- Take Binance's Scam Prevention Knowledge Test.
- Follow Binance safety guidelines.
Protect your assets and trade confidently.
#BinanceP2PSafety #ScamPrevention #CryptocurrencySecurity #BinanceLaunchpoolCATI #BinanceLaunchpoolHMSTR
Scam Alert:
A seller convinces a buyer to cancel an order after payment, citing transaction issues. The scammer keeps both payment and cryptocurrency.
Safety Precautions:
1. Confirm refunds before canceling orders.
2. Report suspicious activity to Binance support.
3. Keep conversations on Binance.
4. File appeals for unresolved transactions.
Best Practices:
- Verify seller reputation.
- Use Binance's escrow service.
- Secure account and passwords.
- Monitor account activity.
Stay informed, stay safe:
- Take Binance's Scam Prevention Knowledge Test.
- Follow Binance safety guidelines.
Protect your assets and trade confidently.
#BinanceP2PSafety #ScamPrevention #CryptocurrencySecurity #BinanceLaunchpoolCATI #BinanceLaunchpoolHMSTR
šØProtect Your Assets: Avoid Paid-But-Canceled Scams on Binance P2PšØ
Binance P2P users, be cautious! Paid-But-Canceled scams are targeting unsuspecting traders. Stay safe with these expert tips:
Scam Warning Signs:
- Sellers pushing for order cancellation after payment
- Claims of transaction issues or technical difficulties
- Requests for payment outside Binance
Safety Measures:
1. Verify seller reputation and ratings.
2. Use Binance's escrow service for secure transactions.
3. Keep conversations within Binance.
4. Report suspicious activity immediately.
Best Practices:
- Confirm refunds before canceling orders.
- Monitor account activity regularly.
- Secure account and password.
Stay Informed:
- Take Binance's Scam Prevention Knowledge Test.
- Follow Binance safety guidelines.
Protect your assets and trade with confidence.
#P2PSafety #ScamPrevention #BinanceSecurity #CryptocurrencyProtection #FTXSolanaRedemption
Scam Warning Signs:
- Sellers pushing for order cancellation after payment
- Claims of transaction issues or technical difficulties
- Requests for payment outside Binance
Safety Measures:
1. Verify seller reputation and ratings.
2. Use Binance's escrow service for secure transactions.
3. Keep conversations within Binance.
4. Report suspicious activity immediately.
Best Practices:
- Confirm refunds before canceling orders.
- Monitor account activity regularly.
- Secure account and password.
Stay Informed:
- Take Binance's Scam Prevention Knowledge Test.
- Follow Binance safety guidelines.
Protect your assets and trade with confidence.
#P2PSafety #ScamPrevention #BinanceSecurity #CryptocurrencyProtection #FTXSolanaRedemption
Meta has launched the Fraud Intelligence Reciprocal Exchange (Fire) tool in partnership with the Australian Financial Crimes Exchange (AFCX) to tackle scams. Over the first six months, Fire has led to the deletion of more than 9,000 scam pages and 8,000 AI-generated celebrity investment scams.
This initiative follows the significant losses reported by Australians, with $43.4 million lost to scams on social media from January to August 2024, $30 million of which involved fake investment scams. The Fire program, involving seven banks, allows direct reporting of scams between Meta and financial institutions, enhancing scam detection and prevention efforts.
Metaās global threat disruption director, David Agranovich, emphasized the importance of this collaborative approach to combat sophisticated scam activities. Despite promising results, Meta acknowledges the challenges in reporting scams and aims to improve its detection systems further.
#Write2Earn!
#MetaToken #ScamPrevention
#FacebookScams
#Deepfake
This initiative follows the significant losses reported by Australians, with $43.4 million lost to scams on social media from January to August 2024, $30 million of which involved fake investment scams. The Fire program, involving seven banks, allows direct reporting of scams between Meta and financial institutions, enhancing scam detection and prevention efforts.
Metaās global threat disruption director, David Agranovich, emphasized the importance of this collaborative approach to combat sophisticated scam activities. Despite promising results, Meta acknowledges the challenges in reporting scams and aims to improve its detection systems further.
#Write2Earn!
#MetaToken #ScamPrevention
#FacebookScams
#Deepfake
