The Cyprus police has warned the public about the increase in SMS scams in a crypto exchange.
Cyprus Police has issued a warning about the increase in SMS fraud to target Crypto investors, in which Scammers has implemented Binenns Crypto Exchange, Cyprus Mail ReportsCiting a statement from the Cybercrime Division of the police.
The fraudsters are allegedly sending large -scale text messages, claiming that the users’ binens profiles have revealed “unauthorized login efforts from a foreign country”. Messages ask the recipients to call the phone number, trying to give up their login details and account access, the report states.
The police have confirmed that these messages are fake and warning people not to answer or interact with the report of the soldier, Cyprus Mail. As the press time, Benance did not make any public statement on the matter.
In August 2024, Benns Said It blocked more than $ 2.4 billion in potential scams and fraud between January and July, preventing damage to more than 1.2 million users. In November 2023, the exchange agreed to pay more than $ 4.3 billion after convicted for violating the federal anti -money laundering and restriction laws.
Scamsniffer data suggests that the Fishing scam stole more than $ 10.2 million in Crypto from more than 9,000 victims in January, 56% below December. Despite the fall, the blockchain forensic firm Telegram reports a jump in “fake security” scams, which has jumped over 2,000% since November 2024, with more than 300 fake accounts appear daily.
