Binance CEO: Beware of fake customer service calls that trick users into modifying API settings and stealing funds

Binance CEO Richard Teng has warned of a new scam: fake customer service representatives tricking users into modifying their API settings over the phone in order to steal funds. Impersonating official representatives, scammers claim to be requesting API permissions adjustments under the guise of a "security update" in order to gain control of their accounts. Binance reminds users that they will not request passwords or credentials over the phone and recommends enabling two-factor authentication (2FA) and Passkey to strengthen API permission management and verify all communications through official channels. If you suspect you have been scammed, contact Binance customer service immediately to revoke your API key and freeze your account.