Thankfully, the team picked up on the bogus website claiming to be the official Binance page supposedly releasing their ‘Latest News’, and posted the finding on their Twitter page on November 1, 2021. The Malware Hunter Team, which identifies over 600+ ransomware families by specific filename extensions and patterns, ransom note titles, recognized hex patterns, email addresses, and BitCoin addresses, identified the false link (https://binancesupport.vip) which presents users with a phony QR code for them to deposit Bitcoin (BTC) into the smart contract blockchain.
Scam Binance website offers 12% profit
It’s worth mentioning that users should always exercise care and double-check that the Binance page is validated and that their Binance account, or any other crypto platform for that matter, is safe to avoid falling prey to these false announcements and losing their money. As for example, the fraudulent website states: In addition, the hoax link includes the following in its fabricated announcement: The scammers stipulate that the BTC Smart contract requires a minimum sending volume of 1 Ethereum (ETH), which is now priced at $4030, or 0.1 BTC, which is currently valued at $6,200, respectively. Finally, investors should exercise caution when investing money in cryptocurrency exchanges and crypto wallets carrying out due diligence to prevent themselves from being subject to scams and other spurious activities. [coinbase]
