Binance
Binance has been named in 3 documented digital harm incidents. The most common harm domain is Fraud & Financial.
Documented Incidents
3Crypto executive loses over $100,000 in Zoom call scam by Elusive Comet group
A crypto executive lost over $100,000 in a Zoom call scam. The scam was carried out by a group known as “Elusive Comet.” The incident was reported by Binance. The executive was targeted through a virtual meeting. The scam involved deception during the call to obtain funds. The financial loss is currently under investigation.
Indian businessman loses $221,000 in Binance-linked cryptocurrency investment scam in India
An Indian businessman lost $221,000 in a cryptocurrency investment scam involving Binance. The scam occurred when the victim was defrauded through a fraudulent investment scheme. The incident took place in India, though the exact date is not specified in the article. The victim reportedly invested in what they believed to be a legitimate crypto opportunity, only to have their funds stolen. Binance was mentioned in connection with the scam, though its specific role is not detailed. The financial loss has left the individual seeking recourse.
30-year-old government health officer loses ₹5.77 lakh in Binance Web3 crypto scam after phone call diversion during P2P transaction
A 30-year-old Government Health Officer from Hyderabad lost ₹5.77 lakh in a cryptocurrency scam involving 5,993 USDT. The scam occurred when the victim, an active trader on the Binance platform, was using the peer-to-peer (P2P) feature to transfer funds. During the transaction, she received a call from an unknown number, which is believed to be part of the scam. The fraudster exploited the Web3 feature on the Binance app to carry out the scam. The incident was reported on February 11, 2025.