Binance co-founder Yi He warns to be vigilant against fake announcement sca

Binance co-founder He Yi warned users on November 1 about a new phishing scam exploiting confusion around the exchange, per Deep Tide TechFlow. Scammers are sending users small amounts of GRAM tokens with fake Binance official announcements embedded in the transfer memo, falsely claiming that users' assets are unsafe and directing them to transfer funds to a so-called "Binance Vault." The warning follows a period of disruption at Binance, with fraudsters attempting to capitalize on user uncertainty. He Yi advised users not to click related links, connect their wallets, or transfer funds to unknown addresses. The scam highlights ongoing security risks in the crypto sector, where attackers use token transfer memos as a phishing vector. Users should watch for official Binance communications through verified channels and remain cautious of unsolicited token transfers containing instructions.