Australian authorities have launched a crackdown on crypto scammers impersonating Binance, the world’s largest crypto exchange by trading volume, following a series of fraudulent attacks targeting local users.
The Australian Federal Police, National Anti-Scam Centre, and Binance Australia are warning victims about the sophisticated scam, which exploits fake messages to steal crypto.
The AFP revealed that over 130 potential victims had been alerted as part of a proactive effort to combat the scam in a joint statement released Wednesday.
The fraudsters previously used SMS and encrypted messaging platforms to pose as Binance representatives, claiming that victims’ accounts had been breached.
The messages, which appeared to be from…
Jun 18 2025
