The impostors took advantage of platforms like LinkedIn, using the name of Binance co-founder Yi He to deceive unsuspecting victims. They promised token listings in exchange for payments, preying on the growing interest in crypto assets. However, Yi He herself confirmed that she is not involved in such activities and urged the community to remain cautious.
“I have a LinkedIn account, although I have forgotten the password a long time ago. I am not involved in discussions regarding potential listings. Therefore, it is important not to trust individuals claiming to have close ties with me and discussing investment opportunities,” Yi He stated.
Instances have emerged where scammers, posing as Binance representatives, offered token distributions to those who joined discussion groups related to cryptocurrencies. Binance’s support team strongly advised users to avoid interacting with unverified sources and refrain from sharing their account information. Failure to do so may result in victims falling prey to scammers who demand substantial deposits in USDT stablecoins. These attackers create convincing professional profiles on platforms like LinkedIn, only to disappear with the deposit without listing the crypto asset on the trading platform.
In addition to the impersonation of top management, scammers have also targeted Binance users through fake SMS messages claiming to offer prizes for a Binance Mystery Box lottery. These messages falsely promised a 100 euro cryptocurrency prize. Moreover, in 2022, scammers utilized deepfake technology to create a video featuring Binance’s PR Director Patrick Hillmann.