Due to the recent increase in SMS spoofing scams targeting Binance account holders as well as non-account holders in Bahrain, Binance, urges individuals to stay informed and vigilant. Binance is warning individuals receiving SMS messages about whitelisted withdrawals, instructing them to call a phone number to inquire about it, to ignore these messages and not to call any numbers. Users are receiving SMS messages from scammers that appear to come from the same thread or number Binance utilises to send OTP messages. This suggests that scammers may employ phone number manipulation to lend credibility to their fraudulent activities. The provided telephone number connects to a call center that impersonates Binance personnel. The scammers act professionally, making it difficult to distinguish them from legitimate Binance representatives. Binance is encouraging users to stay alert to these scamming tactics by trusting only official sources, such as the Binance app, and looking out for spelling mistakes in the sender’s communication materials. Users must not share sensitive information with anyone on unofficial or non-verified sources. As the crypto landscape expands, so do the tactics of malicious actors aiming to exploit unsuspecting individuals. SMS is one of the most popular methods for scammers to con victims […]