Binance Founder Changpeng Zhao (CZ) Issues Memecoin Warning! "Beware of Social Media!" Here Are the Details

Binance founder Changpeng Zhao (CZ) said in his post on the X platform that with the rise of memecoins, hackers started targeting social media accounts. CZ: Hackers Target Social Media Accounts as Memecoin Hype Grows According to CZ, the goal of these attacks is usually to defraud users by sharing fake smart contract ￰0￱ noted that many social media accounts have weak security measures, which is why attackers hijack these accounts and use them to deceive the crypto ￰1￱ also emphasized that official accounts do not endorse any particular memecoin and warned users to be ￰2￱ recent increase in interest in meme coin projects has led to an increase in fraud cases and social engineering ￰3￱ advise users to follow only official announcements from verified sources and conduct careful due diligence before investing in any token or contract address. *This is not investment ￰4￱ Reading: Binance Founder Changpeng Zhao (CZ) Issues Memecoin Warning!

"Beware of Social Media!" Here Are the Details