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Binance Academy Releases Guide to Crypto Scam Tactics, Prevention

Binance Academy Releases Guide to Crypto Scam Tactics, Prevention

  • Binance Academy said it has introduced growing types of cryptocurrency-related crime and response measures.
  • Binance Academy said crypto has become a target for fraud because of its high accessibility, fast transfer system, and the difficulty of reversing transactions.
  • Binance Academy said investors should exercise extra caution over pig butchering, AI deepfakes, pyramid and Ponzi schemes, fake apps, and phishing.

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Photo: Binance Academy
Photo: Binance Academy

Binance said May 20 that its educational platform, Binance Academy, has released a guide detailing the types of cryptocurrency-related crimes that have been increasing and how users can respond.

Binance Academy said crypto has become…

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