**Aussie Advisory: Phony Binance Con Artists Lurking!**
The Australian Federal Constabulary (AFP) is raising the warning signal, alerting residents to be cautious of fraudsters acting as Binance, a major player in the digital currency realm.
AFP Cybercrime Operations Head, Graeme Marshall, is encouraging anyone who may have been deceived into shifting money to a questionable “trust wallet” to notify their financial institution, digital currency marketplace, and law enforcement through ReportCyber without delay. He stressed that the AFP is collaborating intimately with associates to promptly pinpoint and counsel Australians who’ve been marked, aiding them in safeguarding their digital currency profiles.
Here’s the scoop: by the moment sufferers understand they’ve been duped, their assets have frequently disappeared through a network of digital wallets and money-laundering platforms, rendering retrieval a daunting task. Sufferers obtain counterfeit authentication codes and a support hotline that connects directly to the scammers pretending to be Binance representatives. Once they’re engaged, they’re coerced into moving their digital currency to a supposed “trust wallet” – which is, in reality, under the control of the criminals. NYSE Submits Fresh Staking Request for Ethereum ETF
These con artists are employing deceptive communications via digital currency platforms and SMS messages, making them appear as though they’re originating from authorized Binance avenues. Even more alarming, these communications frequently surface within existing Binance conversation chains, lending them an air of authenticity. The scammers impersonate Binance personnel, reaching out with fraudulent alerts that the sufferer’s profile has been jeopardized.
The AFP, the National Anti-Scam Hub, and Binance Australia have disclosed that this scam was brought to light through “Operation Firestorm,” a worldwide offensive against virtual deception. They’re cautioning that more than 130 prospective sufferers have already been focused on.
The AFP is presently probing this significant digital currency scam wherein deceivers are masquerading as Binance delegates to swindle unsuspecting Australians.
Reportedly, Binance is developing an innovative safety measure aimed at assisting individuals in recognizing SMS fraudulent schemes. Although specifics remain limited, this development follows a caution issued by Cypriot authorities in February 2025 concerning comparable scams. Deceivers were disseminating deceptive messages alleging unapproved access attempts to Binance profiles, deceiving individuals into divulging their private data.
