Topic: Hurray! Binance did it again (Read 458 times)
Somehow it keeps up the trust of people on every incident. Though these incidents cause a negativity, the recovery and refunding to the users make its reputation grow high than going low. Being the top cryptocurrency exchange platform isn't a simple thing. Recently during a hack the lost funds on Binance were settled to the users from its own reserve which won't be done by other exchange services.
Is next the suing of those scam developers?
the author of the Coindesk article in the OP said that they haven't gotten a reply from the exchange about what they're going to do next. But given how compliant the scammer was to return all the stolen funds the moment he was asked to, who knows, maybe they won't be as harsh as they initially wanted to in courteither way, good work from Binance, recovered all the stolen funds + this will give them some free publicity...thing is that some crypto newcomers might feel a false sense of safety by leaving their coins on the exchange rather than in their own wallets after reading this news, they'd be like "well, if something happens to my coins, they'll recover it asap", hmmm 🤔
But with his act, maybe Binance will do something else or they wouldn't bother anymore because they got the funds. The most important thing is that they have the funds again.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
The team is having more power than the rest of the people in the cryptocurrency space and i really do not like the way in which they are controlling everything but getting the investors their lost funds is a commendable job and we have seen many scams in this space that we literally do not trust anyone. The article in the opening post proved that Binance exchange has an excellent security team, successfully followed transactions made
by scammers. And managed to return the funds to the address of the victim. Everything the Binance exchange has done makes Binance's
reputation even better, and most importantly Binance is indeed a trusted exchange to use.
by scammers. And managed to return the funds to the address of the victim. Everything the Binance exchange has done makes Binance's
reputation even better, and most importantly Binance is indeed a trusted exchange to use.
They needed to make sure about it, they already have an established business so keeping that image is very important for them knowing that every
hackers and scammers will try everything to bridge their securities, good thing that they've able to send it back and to the victims making sure that
traders and investors are really safe using their platform.
The article in the opening post proved that Binance exchange has an excellent security team, successfully followed transactions made
by scammers. And managed to return the funds to the address of the victim. Everything the Binance exchange has done makes Binance's
reputation even better, and most importantly Binance is indeed a trusted exchange to use.
by scammers. And managed to return the funds to the address of the victim. Everything the Binance exchange has done makes Binance's
reputation even better, and most importantly Binance is indeed a trusted exchange to use.
What more can I say, they have the resources they need to fight this kind of fraudulent act. Definitely, they have dedicated personnel to address these delicate situations. Another plus points for Binance here. This is the reason why they are trusted by so many traders.
Binance will remain Binance, the best exchange until now. I wasn't really surprised when they did something big because we already know that Binance is simply amazing. Still my favorite exchange until now.
At first, I thought it was the insurance company that back-up Binance in case something like this ever happens, apparently it wasn't.
However it questionable as the scammer was willing to return the funds as 99,9% recovered.
it seems there will be no law enforcement or prosecution in this case.
After being contacted by Binance, the scammer returned the funds to the exchange.
CoinDesk asked the exchange if it had reported the scammer to law enforcement, but a reply hadn't been received by press time.
~
According to Binance, the undisclosed scammer was “quick to cooperate in an attempt to avoid the impending consequences.”
source
However it questionable as the scammer was willing to return the funds as 99,9% recovered.
it seems there will be no law enforcement or prosecution in this case.
After being contacted by Binance, the scammer returned the funds to the exchange.
CoinDesk asked the exchange if it had reported the scammer to law enforcement, but a reply hadn't been received by press time.
~
According to Binance, the undisclosed scammer was “quick to cooperate in an attempt to avoid the impending consequences.”
source
So they aren't going to do anything about this thief.
They should at least release the information they got about him because once a scammer always a scammer. He's going to play dead for a while and come back with another idea.
If it was an attempted scam they could give him a warning but he got away with the money and got scared later.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
It is the responsibility of the exchange to safeguard the user's assets. We should appreciate this kind of exchange, because they want to be responsible for what happens to their exchange.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Binance has been my number 1 centralized exchange, It would have been better if they are decentralized just like Uniswap. The volume is amazing , listed token are well audited, the security is a top notch and very responsive customer care.https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
They always assure that investors and traders funds are save, its not advisable to keep your funds on centralized exchanges but I really don't have this fear of keeping my fund on binance. If the total amount of funds under binance get hack, I believe cryptocurrency entirely will collapsed
Really well done by Binance! What else is needed by any exchange? This must be followed by all exchanges. The action shows seriousness towards its community and of course will increase the confidence among users.
This is the reason Binance is number one in the world.
This is the reason Binance is number one in the world.
Damn. These guys are beasts. This team deserve applause from me. They have worked so hard to support traders and improve the exchange day by day. This is what other projects should follow. They does not exit scam, they are honest and they fight for us as well. Currently, I am a student but I believe one day, I will be able to work for them. Binance is undoubtedly the strongest, safest and biggest exchange up to now. Although it was born quite late but right now, people always think of Binance whenever they want to make a crypto trade
I hope that the news will not create a FOMO. Most of hacking news makes the market surge significantly
I hope that the news will not create a FOMO. Most of hacking news makes the market surge significantly
The article in the opening post proved that Binance exchange has an excellent security team, successfully followed transactions made
by scammers. And managed to return the funds to the address of the victim. Everything the Binance exchange has done makes Binance's
reputation even better, and most importantly Binance is indeed a trusted exchange to use.
by scammers. And managed to return the funds to the address of the victim. Everything the Binance exchange has done makes Binance's
reputation even better, and most importantly Binance is indeed a trusted exchange to use.
This is very good news for investors in the crypto market, there is finally an exchange that handles scam projects.
Binance is proving to be a reputable exchange and at the moment it deserves to be the number one exchange in the market.
Binance is proving to be a reputable exchange and at the moment it deserves to be the number one exchange in the market.
This effort will give a good valuation for binance exchange. Crypto currency has a lot of user now, even there are many forex trader who try to trade using crypto currency especially bitcoin. And surely, the role of an exchange will be very important and of course the investor will choose an exchange with good reputation.
I see binance exchange is popular to be used by most user now. They have many way to provide a comfortable for every user who trade and also they give many opportunities for new project. This thing will make binance exchange being used by most people and will have a good influence on the crypto industry in the future.
I see binance exchange is popular to be used by most user now. They have many way to provide a comfortable for every user who trade and also they give many opportunities for new project. This thing will make binance exchange being used by most people and will have a good influence on the crypto industry in the future.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Binance has done extremely well and always supported its members, I still remember the time when binance was new and it has literally never seen backwards, each and everyday binance has moved forward and that is why it is the number one platform. With constant support of trusted platforms like binance the time is not far when we will see real mass adoption of cryptocurrencies glibally. https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
yes, Binance has done a great job and of course I also expect more to the Binance platform especially not to easily accept Defi coins on the platform or remove some bad Defi projects that have been listed there. I personally have no doubts about this platform, on the one hand CZ is doing well to continue growing the Binance company.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
They will do the best to provide great comfort and safety for all users, that's why Binance becomes the largest, safest, best and trusted exchange. Congrats to binance for that case. I just hope in the future many exchanges will follow the Binance path https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
It’s unsurprisingly, as Binance has established a good reputation because they are hands-on in handling various issues that may affect their users and customers. They maintain a high-standing review because they offer good and secure services. Among other exchanges, Binance has stood, as they keep on fulfilling and following their core objectives. It shows how they consist of a great team that never stops until they have successfully executed their plan on getting back what they have lost.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Living up to the expectations of the traders is what has made binance the number one platform.https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
From Binance CEO tweets i think they are also now working to come with decentralized platforms, something like uniswap i guess. That would be great because obviously they will offer better and more features in their platform than currently available.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
I hope they will continue to prove that they are the best in every aspect of the business and never let their investors or traders down like some other platforns have done and dumped their own projects. https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Binance so much influence to do such things but they can save people all the time from a kind of scams who knows even Binance may turns out to be a scam ( highly unlikely) but still anything can happen in the decentralized payment ecosystem.Its good that people will get refund and they should keep doing in this future as well. https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Since I work with this exchange Binance, it is very important for me to know that this exchange is fair and my money will be protected. I am happy for those who will be refunded the lost funds due to the work carried out by the specialists of the Binance exchange.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Binance has recorded over the years that their exchanges are the safest exchanges, https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
the Binance team has always provided comfort and safety to members,
I have loved Binance since it was first launched, despite being hit by hackers,
but the team is trying to keep funds safe, I appreciate that that.
It is part of the benefit of trading on centralized exchange especially those that offer a form of insurance for traders in case of scam and hacks not to talk of petty help such as traders mistakenly sending a token to a wrong address within binance network. Doing this will make them to be more credible and be honest. I wish Binance team all the best kudos
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
The existence of this case shows that the Binance exchange is the best exchange and can guarantee the security of the assets in the exchange that are all safe even if they are attacked by hackers and scammers. So I recommend sticking with the Binance exchange as the best exchange ever. https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
There certainly are brainy people on Binance. Unlike previous exchanges, they try to keep their users with building trust and feeling of security around them. No wonder they are a clear leader on crypto market for years now. One of the interesting thing I loved about them is they sent me an email this morning about a blog from them that called Defi to be the future. They clearly know what's coming and are not afraid to accept it.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
At first, I feel bad about it, because the crypto exchange that I was used since 2017, has silently infiltrated by scammers and used it as their launchpad, It is clear evidence that in the crypto space you can't trust anyone, even a trusted site like Binance has become a victim. But thanks to the Binance security team for the successful recovery of that stolen funds, it was proven that Binance is really a trusted brand. I hope that it will not happen anymore.
Good job for Binance.
They're making it possible to recover those stolen funds by the project scammers. They are grandstanding for this news because it will give them another credit for being a good or might be the best exchange in doing things like this.
Is next the suing of those scam developers?
They're making it possible to recover those stolen funds by the project scammers. They are grandstanding for this news because it will give them another credit for being a good or might be the best exchange in doing things like this.
Is next the suing of those scam developers?
At first, I thought it was the insurance company that back-up Binance in case something like this ever happens, apparently it wasn't.
However it questionable as the scammer was willing to return the funds as 99,9% recovered.
it seems there will be no law enforcement or prosecution in this case.
After being contacted by Binance, the scammer returned the funds to the exchange.
CoinDesk asked the exchange if it had reported the scammer to law enforcement, but a reply hadn't been received by press time.
~
According to Binance, the undisclosed scammer was “quick to cooperate in an attempt to avoid the impending consequences.”
source
Is next the suing of those scam developers?
the author of the Coindesk article in the OP said that they haven't gotten a reply from the exchange about what they're going to do next. But given how compliant the scammer was to return all the stolen funds the moment he was asked to, who knows, maybe they won't be as harsh as they initially wanted to in courteither way, good work from Binance, recovered all the stolen funds + this will give them some free publicity...thing is that some crypto newcomers might feel a false sense of safety by leaving their coins on the exchange rather than in their own wallets after reading this news, they'd be like "well, if something happens to my coins, they'll recover it asap", hmmm 🤔
binance are really trying thier best to protect thier name and they wont allow not a single scratch on it because they already made a big reputation on the trading industry . we think or they think that being hack the most is a bad thing but we realized that it was an additional points to them to make the exchange more trusthworthty, lets expect that this awesome performance done by binance wont fade because after this news there are still new people that are going to switch for binance because they think their funds are insured .
undoubtedly the best Binance exchange right now, their team is responsible for all issues including hacks that have been fixed, I hope this continues to be maintained by the Binance team so that we are safer using the Binance exchange
Very interesting news, the hard work against scammers proves that Binance is very professional,
and there are definitely lots of Binance users who will invest a lot. This makes the name Binance Exchange even better
and there are definitely lots of Binance users who will invest a lot. This makes the name Binance Exchange even better
Shame to all other exchanges that aren't doing all they can to retrieve stolen funds from scammers, binance will always be 10 steps forward ahead of other exchanges, this is the only crypto exchange that intentionally want the best for crypto projects and investors combined.
If there will be more exchange sites platform try to do what binance did and we will have a very secure ecosystem that makes the scammers will not able to withdraw their money from there.
The connection between one to the another exchange site is a must.
I like how binance maintain its platform from the scammers but again binance must be careful when launching a new defi platform. In this case, we have learned that binance needs to do more improvements on its audit for defi platforms.
It looks like the scam defi has fooled binance.
The connection between one to the another exchange site is a must.
I like how binance maintain its platform from the scammers but again binance must be careful when launching a new defi platform. In this case, we have learned that binance needs to do more improvements on its audit for defi platforms.
It looks like the scam defi has fooled binance.
Of course binance is the best exchange in crypto world right now, they tend to make crypto become successful on the long run, IEO is able to gain a strong foundation thanks to binance and few other top exchanges, without them this crypto space will be too unsafe for investors, I wish then all the best
This is good. Actually if they keep doing thing like this and being all responsible while succesfully recovers the scammed money on top of that they will easily gain more trust. I mean I know I'm stating the obvious but the fact that they did this far and manage to recovers the fund is some serious commitment. Hopefully other platform follow this example and the funds delivered back to the rightful owner.
Though it should also be a serious concern for binance to take some measurement within their Smart Chain.
Though it should also be a serious concern for binance to take some measurement within their Smart Chain.
Good job for Binance.
They're making it possible to recover those stolen funds by the project scammers. They are grandstanding for this news because it will give them another credit for being a good or might be the best exchange in doing things like this.
Is next the suing of those scam developers?
They're making it possible to recover those stolen funds by the project scammers. They are grandstanding for this news because it will give them another credit for being a good or might be the best exchange in doing things like this.
Is next the suing of those scam developers?
This is a job well done, binance team are very capable of anything and I wish many projects will learn from them, they get to this stage because of their hardworking, binance team really have what it takes to help crypto get better and grow it's adoption rate too, I do wish other projects team are just like binance team
As expected on Binance, they committed to recover those money and there you go, they are slowly collecting those money and soon will distribute to the real owners.
This is why we have to deal with the top exchanges always because they care on their users and they care to protect their own reputation. This is a big challenge to other exchanges, I hope they can do the same thing. Binance is always my top choice of exchange, I hope that they will be more secured and no more hacking incidents under Binance.
This is why we have to deal with the top exchanges always because they care on their users and they care to protect their own reputation. This is a big challenge to other exchanges, I hope they can do the same thing. Binance is always my top choice of exchange, I hope that they will be more secured and no more hacking incidents under Binance.
Well done to Binance team but there are still some grey area in the explanation given. Good that Binance was able to recover the fund but what if they were not, those gullible traders/investors that got rugged must learn their lessons, do not trust any new projects especially those that their identity are not known
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Every day, Binance keeps proving it is the best exchange in the crypto space, ranging from good volume, to large users/traders, professional teams, fiat support, advanced user interface and many more. This also shows that to an extent, a hack can be tracked and crypto recovered as well and of course Binance team has taken the lead in that as well. One thing I have comes to understand about the Binance team is that, they are always eager to take steps that will keep them ahead of other exchanges in this way convincing users that they are reliable. Lastly, as it stands, I do not think there is an exchange that can overtake Binance in any way.
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success.
Great article by the way. I always admired CZ for his greatness. I am really impress with some of his deed and development he did on his exchange. I think every months they always release some new progress and products on their exchange that seems to be favorable to their traders.They continue to work hard and this is the result of those sacrifices, now the trust of many investors and traders are on Binance.
You are right. They are definitely the one and only cex that Ive trusted with regards to my funds on a centralized market. I dont know but it seems I can see more progress from their team even with what stage they are now. 
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
The best crypto exchange site in the world. This name should be very suitable to be used by binance. Binance was also helping another exchange sites that have suffered a big losses caused by the hacked cases. https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
Im very glad to see that we have trusted exchange site. i din't care whether it will be a centralized or decentralized entity. As long as it's trusted and it's fine.
Binance to be the global exchange site that will be adopted by all of countries.
They continue to work hard and this is the result of those sacrifices, now the trust of many investors and traders are on Binance. Exchanges are prone to hackers but Binance made a good exemption and prove that they’ll do everything to solve this hacking incidents, well hodlers of those token can breath again at least. It takes a lot of work, but yes Binance will continue to go up and hopefully to stay responsible at all times.
Binance win another battle against wine swap scammer that steal over 300k worth of cryptocurrency in October, check the link down below for full news. All affected personal will be refund soon
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
Binance and binance teams are one of a kind to crypto space honestly, I wish them more success
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