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- Scammers are posing as Binance support to steal face videos and hijack user accounts.
- Fake QR codes are being sent via social apps to gain instant access to crypto wallets.
- Binance urges users to avoid suspicious video or QR code requests and use only official channels.
An outburst of complex frauds has sounded alarms in the cryptocurrency world, with Binance announcing a growth in identity theft. Scam artists have now started harassing innocent users on social media, pretending to be Binance support staff.
Reportedly, criminals take advantage of the innocence of victims by asking them to send a face video under the pretext of false verifications. The aim is then to use these videos to trick biometric authentication measures to unlock user accounts.
Also, people are being fooled into scanning the false QR codes received via WhatsApp, Facebook and Telegram. When a QR code is scanned, it immediately provides unauthorized access to Binance’s wallet.
Binance reports that these fraudsters expose users to manipulation through messages about account restoration, security enhancement, or special promotions. As soon as victims cooperate, their account information is stolen, usually in several minutes.
The third warning is that scanning any QR code might cause scammers to log in to other devices instantly. In numerous cases, users have been denied access to their accounts, and their crypto has been drained immediately.
One of the victims, Lisa, was given a QR code message offering Binance rewards. Having scanned the code, she was able to block it just in time to avert an utter compromise of her account.
Furthermore, stolen devices are a new tool of risk, as criminals can combine face videos with the use of the device itself. This mix leads to even more destructive and quicker attacks, which usually accomplish their task before their user reacts.
Binance Tightens Measures as Face Video and QR Scams Spread Across Platforms
The exchange has clarified that it never requests face verification via email or messaging services. Any valid request must be made through the official Binance site or mobile application.
Security teams have started monitoring and deleting support accounts that facilitate bogus verification steps. They are also here to curb the use of malicious QR codes in large messaging platforms.
It is highly recommended that users protect their devices with complex passwords and two-factor authentication. In case of loss or theft, one must contact Binance support immediately to help avoid unauthorized access to any device.
As revealed in internal Binance investigations, high-theft regions are especially susceptible to such scams. This risk becomes worse when device access is combined with social engineering techniques.
In addition, Binance has made it clear that video and QR code requests via unofficial sources are not to be considered. The exchange remains to remind users to ask questions before sending their personal information to a communication entity.
According to the reports of the blockchain security company CertiK, more than \$2.1 billion worth of crypto has been stolen in the year 2025. Much of this loss is considered to be a result of strategies of stolen credentials and identity theft.
Face videos and QR login scams will become prevalent as hackers develop methods of focusing their attacks. Binance fights against these threats but states that caution on the part of users is a significant defence.
Binance has stepped up efforts to combat action against face and QR scams that pose threats to user funds and privacy. With the increase in security threats, users are advised to be vigilant and act exclusively in legitimate Binance channels.
Also Read: Ripple CTO Accuses U.S. Authorities of Prolonged Targeting of Roger Ver
