Binance Co-Founder Urges Caution After Possible Compromise of BNB Chain’s X Account, Avoid Clicking Links

• Immediate action: do not click recent links from the BNB Chain X account.

• BNB Chain posted a fraudulent rewards link promising early $BSC rewards, a common phishing tactic.

• Security teams and Binance leadership are investigating; monitor official COINOTAG updates for verified information.

BNB Chain X account compromised — avoid clicking suspicious links, follow CZ’s alert, and use our safety steps to protect crypto assets. Read verified guidance now.

What happened to the BNB Chain X account?

The BNB Chain X account appears to have been compromised after posting a fraudulent link promoting a fake “$BSC rewards” program. Binance co‑founder Changpeng “CZ” Zhao issued a direct warning: do not click on any links recently posted from this account.

How was the compromise detected and what did the fraudulent post claim?

Security monitoring and community reports flagged a post that invited users to vote on an “upcoming $BSC rewards date” and promised early rewards for early participants. Phishing posts of this type aim to capture private keys, seed phrases, or prompt signature approvals that can drain wallets.

Verification came from multiple channels including the BNB Chain team acknowledging the account “may have been compromised” and independent reporting by industry outlets as plain text references. Binance leadership confirmed the alert on X, urging caution while investigations proceed.

How should users respond if they saw or clicked the link?

First, do not click any remaining links from the compromised post. If you clicked and approved a signature, immediately revoke permissions from any connected wallet applications and move funds to a fresh wallet with a new seed phrase.

If you only viewed the post without signing transactions, monitor your wallet for suspicious activity and avoid reusing seed phrases. Report suspicious posts to the platform and follow verified COINOTAG updates for remediation steps.

Why do phishing posts like this succeed?

Phishing posts rely on urgency and authority cues, such as promises of limited-time rewards and official-sounding language. Attackers exploit trusted brand names and verified accounts’ appearance to trigger quick user action.

Social engineering remains the primary threat vector in crypto fraud because it bypasses technical defenses by targeting user behavior.

What indicators show a post is fraudulent?

• Unverified links or URL anomalies: spelling errors or misspelled domains.

• Requests for wallet signatures or seed phrases — legitimate teams never ask for private keys.

• Unsolicited “rewards” with tight time windows: common scam tactic to force quick action.

Comparison: Fraudulent post vs. legitimate BNB Chain communication

Frequently Asked Questions

Was the BNB Chain X account confirmed compromised?

The BNB Chain team stated the account “may have been compromised” and security teams are investigating. Binance co‑founder Changpeng “CZ” Zhao publicly advised users not to click recent links while the issue is addressed.

What immediate steps should I take if I clicked the malicious link?

If you clicked and signed anything, revoke approvals from connected apps, move funds to a new wallet with a fresh seed phrase, and monitor transactions. Contact platform support and follow official COINOTAG updates for further guidance.

Key Takeaways

• Do not click: Avoid any links from the BNB Chain X account until official confirmation is provided.
• Revoke and migrate: If you interacted, revoke permissions and move funds to a new wallet immediately.
• Follow verified sources: Monitor COINOTAG and official team statements for updates and remediation instructions.

Conclusion

BNB Chain X account compromised incidents underscore the ongoing risk of phishing and social engineering in crypto. Front‑line guidance from Binance leadership and platform teams is to avoid recent links and follow verified COINOTAG updates. Stay vigilant, revoke approvals when necessary, and secure assets to reduce exposure to fraudulent activity.

Published: 2025-10-01 | Updated: 2025-10-01