Hong Kong Police Warn Binance Users of Phishing Scam That Has Stolen $446K in Past 2 Weeks

Hong Kong police warned Binance users of phishing scams sent via text that aim to steal account info and assets.

11 Hong Kong Binance users lost a combined $446,000 in the past 2 weeks from the scam texts.

Users who get suspicious texts should report them on the police's fraud prevention site.

Only 2 crypto exchanges are licensed for retail in Hong Kong - HashKey and OSL.

Hong Kong investors lost $180M in the recent unlicensed JPEX exchange scam.