Binance has warned users that advances in artificial intelligence are making impersonation scams harder to detect. Fraudsters are using deepfakes of company executives and employees, including during video calls, to make fake interactions appear authentic. They typically contact potential victims through WhatsApp or Telegram before pressuring them to send cryptocurrency or join an exclusive investment opportunity. Binance states that none of its representatives will ever ask users for money or offer unsolicited investment advice. Anyone receiving an unexpected message should verify it through Binance’s official support channels before taking any action.
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