Binance Cofounder Warns Crypto Community About Telegram Scams

By
Takumi Nakamura
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

Yi He, cofounder of Binance, the world's largest cryptocurrency exchange, has cautioned the crypto community about the rise of scams on Telegram, emphasizing the need for vigilance. He warns against fraudulent activities leveraging similar usernames on Telegram and shares a screenshot of a scam related to the Binance Labs Incubation program. This warning underscores the importance of being wary of unsolicited messages or offers in the crypto space, particularly on social media platforms like Telegram.

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