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Binance Warns of Crypto Theft Scams

Binance has warned customers about potential scams exploiting withdrawal delays as the exchange recovers from a $6.3 billion security breach. Scammers may promise to speed up pending withdrawals, sell customers priority access to withdrawal queues, or instruct them to transfer their holdings into supposedly secure wallets. Binance does not charge fees to unlock withdrawals or ask customers to authorize wallet transactions to regain access to their funds. The exchange emphasized that it does not charge fees to unlock withdrawals, offer paid recovery services or ask customers to authorize wallet transactions to regain access to their funds.

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