CryptoIntelligence 2024-06-17 02:00:41

Binance Co-Founder Criticizes Elon Musk’s X.com for Failing to Curb Crypto Scams

Binance Co-Founder Criticizes Elon Musk’s X.com for Failing to Curb Crypto Scams

Elon Musk’s X.com is facing criticism for its inadequate measures against cryptocurrency scams proliferating on the platform. Binance co-founder Yi He recently voiced her concerns on the app, questioning if its billionaire owner would tackle the issue. Yi He’s worry stemmed from an impersonation scam on X.com, where she shared images of accounts mimicking her X handle (@heyibinance) and her actual name. The Binance executive highlighted one specific scam directing users to click a link promising access to Binance-backed memecoins. Yi He clarified that no such coins exist and warned that clicking the link could result in financial loss: “I

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