PANews reported on March 15 that according to an official announcement, Binance said it had received user reports of recent fake SMS scams and found that users in Bahrain were particularly vulnerable to being targeted. Binance reminded that it would never contact users by phone, nor operate any call centers. SMS is only used to send OTP codes and does not come with a call center number. The only reliable source is the official website and application.
According to previous news, there have been many fake Binance SMS scams in Hong Kong. The Hong Kong Securities and Futures Commission responded that according to the Securities and Futures Ordinance and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, it is a crime to operate a business of regulated activities and provide virtual asset services in Hong Kong without a license and/or actively promote such services to Hong Kong investors in Hong Kong or from outside Hong Kong. As always, the Hong Kong Securities and Futures Commission will not hesitate to take appropriate action against any violations, but will not comment on individual incidents, reminding investors to only buy and sell virtual assets on virtual asset trading platforms licensed by the Securities and Futures Commission.
