SMS scammers posing as Binance have an even trickier way to fool victims
The Australian Federal Police have sent a “blitz” of alerts to Australians targeted by a new text message crypto scam that can now completely spoof sender IDs.
Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance.
The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a crypto account breach and instructing them to set up a new wallet, the Australian Federal Police (AFP) said in a March 21 statement.
The text messages look real at first glance because they appear in the same legitimate text message thread as Binance communications.
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Author: Stephen Katte
