- #Binance customer support phone number australia registration#
- #Binance customer support phone number australia series#
She later found out the scammers had closed their accounts.Īt the same time, John was beginning to question their investment with the Irish company. "It wasn't like you just randomly sent off some money to a bank account."Įve tried to make a third investment in Coinbase shares of $7,000, but the transaction didn't go through. She said the "brokers" she believed she was speaking to "sounded really confident".ĭo you know more about this story? Email were patient with us and the fact that we'd had heaps of questions about everything and there was official documentation," she said. "I initially invested just under $50,000 and and then I ended up putting in another $15,000 as well." A lot of people make, you know, 2,000 per cent on their money in a couple of months. "You hear a lot of success stories with crypto. "I thought it was all legit as well, and I saw John was doing really well," she said.
#Binance customer support phone number australia registration#
"They gave us the registration numbers, and so we googled that and just checked typed in 'is this a scam?' That kind of thing, nothing came up."Īfter John put money into the Coinbase launch, Eve decided to get on board as well. "After the first IPO, our trading platform got updated and it matched all the real world events, so it looked really real, and I believed it," he said. John initially put in $7,000 to "test out" the trading platform the company was using. Using its own fake website and investment platform, the scammers had cloned the name and address of Druid ICAV - but John was none the wiser.ĭruid ICAV's activities closely mirrored real-time events, included the initial public offering of a major cryptocurrency exchange. The call was from someone posing as an investment manager from Irish brokerage Druid ICAV, and they offered John shares in Airbnb. One day he received an unsolicited phone call - and that's when the scam began. Queensland couple John* and Eve* have long dreamed of buying their own home.Įve, now 25, started saving her pocket money in primary school, and started investing in Australian shares when she was 18.Īt the start of this year they'd saved more than $110,000.īut before diving into the market, John, 24, had been investing in stocks and started looking for other options to increase his initial house deposit. The scams are run by global syndicates, and the money trail is murkier than ever. "We're also seeing more and more people working from home which presents greater opportunities for criminals to target people." "Criminals are really quick to exploit a crisis," Australian Federal Police Cybercrime Commander Chris Goldsmid told the ABC. But criticisms centre on its exchange rate volatility and its susceptibility to illegal activity and scams.The technology has been praised for its portability, inflation resistance and transparency.Some cryptocurrencies have exploded it value over the past two years.The Australian Tax Office estimates up to 600,000 Australians have invested in "crypto-assets".There are more than 10,000 cryptocurrencies in use around the world.Cryptocurrency, or "crypto", is decentralised "digital money".These scams have crippled their futures, with hundreds of thousands of dollars funnelled into the hands of cybercriminals and lost forever.Īustralian Federal Police say cryptocurrency scams have "exploded" during the pandemic, with new figures from the Australian consumer watchdog showing a 172 per cent increase in losses between January and November this year, totalling $109 million. They have vastly different backgrounds and financial situations.īut one common thread binds them: they have all been embroiled in scams involving cryptocurrency, the decentralised digital currency. By Friday afternoon a Binance spokesperson said there was around $100mn of unrecovered funds.They're three families, all from different parts of Australia. That means investors and developers cannot easily move their tokens to a different blockchain to use or trade them elsewhere.īinance’s security team and other crypto network operators have steadily been freezing the stolen assets. Many of the world’s most widely used blockchains, such as Binance Smart Chain and Ethereum, run on separate technologies or use different tokens. The hack exploited a weakness that created extra BNB tokens on the network, according to Zhao.
The funds were taken from BSC Token Hub, a bridge that allows customers to transfer tokens tied to one chain to another. We apologize for the inconvenience and will provide further updates accordingly.”īinance asked the affected network’s validators, who secure the system, to pause their work.
#Binance customer support phone number australia series#
In a series of social media posts Changpeng Zhao, Binance’s founder and chief executive, told users: “The issue is contained now.
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