Binance Co-Founder CZ: Screenshots of Compensation for Withdrawal Suspension Are a S

Binance co-founder Changpeng Zhao (CZ) said on November 2 that a circulating screenshot claiming the exchange was offering $150 in compensation for suspended withdrawals is fake or a scam. The warning came in response to a user inquiry about the alleged compensation program, which circulated via a screenshot showing a task promising the $150 payout. The incident highlights ongoing phishing and impersonation scams targeting Binance users, a persistent risk for the world's largest crypto exchange by trading volume. No actual withdrawal suspension or compensation program was announced by Binance. Users should verify announcements through official Binance channels, and any further spread of the fake screenshot or related scam campaigns is worth monitoring.