May 4, 2024

Fraudsters used the Binance logo for an advertising campaign in Turkey

Binance's Turkish Crypto Library Solution Provides Local Investments for Commercial Experiments with the Help of Additional Fundsbillboards with the Binance logo.

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According to Similarweb, users from Turkey account for more than 7% of the traffic on the desktop version of the Binance platform.

Thus, it is no coincidence that the criminals decided to cash in on the popularity of Binance in the country, for which they rented numerous advertising surfaces.

The Binance Turku alert shows a billboard with the banner "Binance Tourist exchange", which has nothing to do with the Binance crypto exchange founded by Changpeng Zhao.

Rather, the purpose of the scam is to steal users' cryptocurrencies, offering to open new accounts and report seed words.

Waiting for the activity of offenders, April 15Binance has created the first 24/7 customer service center in Turkey. At the slightest suspicion, investors are advised to contact the official Binance customer support service, including through the website and mobile application.

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