Binance has warned customers about potential scams exploiting withdrawal delays as the exchange recovers from a $6.3 billion security breach.In a Nov. 2 security advisory, the exchange said fraudsters could take advantage of its phased withdrawal reopening by impersonating Binance representatives and offering customers assistance with delayed transactions, compensation claims and asset recovery.The warning covers fraudulent emails, direct messages, group chats and even small cryptocurrency transfers carrying malicious instructions.According to Binance, scammers may promise to speed up pending withdrawals, sell customers priority access to withdrawal queues, or instruct them to transfer their holdings into supposedly secure wallets.The exchange emphasized that it does not charge fees to unlock withdrawals, offer paid recovery services or ask customers to authorize wallet transactions to regain access to their funds.It also warned against fraudulent proof-of-reserves websites and compensation eligibility links, which could become particularly deceptive as the exchange introduces new verification tools following the breach.Once customers approve malicious wallet permissions, attackers...
Binance warns of second wave of crypto theft as $6.3 billion hack recovery continues
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