CZ Warns of Rising Meme Coin Scams After BNB Chain’s X Account Breach
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- CZ warns users as hackers exploit Meme coin hype through social media phishing attacks.
- BNB Chain’s X account hack exposes rising crypto scams using fake wallet connection links.
- Inferno Drainer group linked to phishing sites behind BNB Chain breach, Binance responds fast.
Binance founder Changpeng Zhao (CZ) has cautioned crypto users to remain alert as hackers exploit the rise of Meme coins to carry out scams. CZ noted that attackers are targeting social media accounts with weak security, using them to share fake contract addresses (CA) that lure users into phishing traps.
With the rise of meme coins, hackers are targeting social media accounts (as they usually have lower security measures) to post CAs.
— CZ
Beware that official accounts do not endorse any specific memes.BNB (@cz_binance) October 20, 2025
BNB Chain’s X Account Hijacked to Promote…
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$ 579.91
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$ 0.00...134
$ 0.527
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