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Beware…More than 1,500 people are impersonating Binance employees

Posted on October 26, 2022 by admin

Beware…More than 1,500 people are impersonating Binance employees

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Answer Beware…More than 1,500 people are impersonating Binance employees

Fraud and scammers have appeared remarkably recently on the crypto arena, and their negative impact is still evident in this young market.

According to Changpeng Zhao, CEO and founder of Binance, there are more than 1,500 scammers on LinkedIn pretending to be Binance employees.

CZ has warned users of these scammers impersonating the Binance team on LinkedIn.

Prior to CZ’s warning, Jason Janowitz released a list of the largest crypto companies by number of employees. The list was as follows:

  • Binance ranked first: 1,635 employees
  • Queen Base in second place: 1,195 employees
  • ConsenSys with 865 employees.

while Mention Mr. “CZ” said that the actual size of the Binance team is 600 employees.

Read:Burning NFT token artwork sells for $382K

However, only 30 Binance employees have a LinkedIn account and profile.

Scammers impersonating the Binance team on LinkedIn: over 1500
Binance Team Actual Size: 600
Binance teams that already have a LinkedIn profile: 30

you welcome in # encrypt & LinkedIn

– CZ Binance (@cz_binance) October 12, 2019

This indicates that the numbers provided by LinkedIn are not reliable.

Other users mentioned that this is how LinkedIn works by the number of registered accounts that associate themselves with a job title at the company.

Although the market is developing and starting to mature more than it was in 2017 and before, many new users may be affected by these scammers who stand in line with these new users.

Read:Moves $3.5 million worth of stolen cryptocurrency from KuCoin منصة

Read also:

277 Chinese nationals arrested in the Philippines for fraud using cryptocurrency

Ethereum founder: This is the solution to counter fraudulent projects in crypto


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