Binance Cofounder Issues Scam Warning to Crypto Community

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Binance Cofounder Issues Scam Warning to Crypto Community
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Yi He, cofounder of Binance, has issued warning to crypto community

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Binance incubation is a two-month program with mentoring sessions and fireside chats with industry luminaries and a network of other founders. Applications for the Season 7 program are open until April 15, 2024.Binance Labs is run by Yi He, who cofounded Binance with former CEO Changpeng Zhao. The venture capital business is a frequent early-stage sponsor of cryptocurrency ventures.

The latest warning from the Binance cofounder highlights the importance of vigilance and caution when engaging with messages or offers that seem too good to be true. Scammers are becoming more skilled in their tactics, so crypto users must remain watchful and wary of any unsolicited messages or offers they receive, particularly on social media.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.

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