Binance Alerts Users to Fake Reward Campaigns Without Approval

Binance cofounder Yi He has issued a safety warning to the crypto community as fake rewards campaigns and phishing links circulate, urging users to remain vigilant against fraudulent promotions. In an X post, Yi He clarified that Binance's community rewards campaign requires regulatory approval and will go live only after the regulator reviews and approves it. The review is expected to take place once offices reopen tomorrow. She also stressed that there is currently no cash voucher campaign, urging users to be vigilant against all types of phishing and scam links.