Key Highlights:
- Binance exposes a self-orchestrated scam on X today, December 31, 2025.
- The post talks about the investigation and the red flags that were observed.
- The exchange has vowed to take action against framers.
As 2025 comes to an end, Binance’s Sisi, marketing and customer service liaison for the exchange, posted on X today, December 31, 2025, and asked users to be careful as online scams are becoming more clever each day. With the post, the platform shared a real shocking incident that took place recently.
According to Binance, one user tried to cheat the exchange by creating a fake story. The person made false proof and claimed that Binance was at fault, in the hopes of getting a return. The scammer also threatened to apply pressure through social media if the exchange did not help resolve the matter soon.
Binance’s security team investigated the whole case and found that the claims were not true and wanted to share this incident publicly so that users know how scammers now try to manipulate platforms and public opinions, and why staying alert is very important.
The Scam: User Complaint Triggers Investigation
All of this began when a user complained that a fake “Binance executive” had scammed them on Telegram. The user said that they sent money to fix an account problem, but the person then disappeared after receiving the funds.
Binance, out of duty, had to investigate the entire scenario and then it was revealed that the situation was not a simple scam and it involved deliberate deception.
Red Flags in the Evidence
The proofs that were submitted by the user had many red flags and when these proofs were studied, the exchange team saw many inconsistencies. The observations have been listed down below:
Overly Simplistic Chat Logs: The Telegram screenshot that was shared as an evidence showed a very basic chat. The user asked for help, the so-called “executive” agreed immediately without any checks and the money was sent right away. There were no proper details or verification, which made the situation look very unrealistic.
Flipped Transfer Records: The user claimed the scammer’s wallet started with “TP,” but blockchain checks showed it was actually the sender’s own wallet, which suggested a self-transfer.
Missing Real-Time Proof: When the user was asked for live chat proof, the user said the messages were deleted due to privacy mode and only shared screenshots taken after being questioned.
The Twist: Real Executive Dragged In
At first, Binance thought it was an impersonation scam. But checks showed that the account involved was a real exchange executive’s profile that had not been hacked and the executive did not know about the issue.
The exchange then concluded that the user had created fake chats and transfers, then contacted the real executive to get a reply. The user mixed fake and real screenshots and pressured customer support, threatening to go public unless Binance paid for a loss that never actually happened.
Sisi said that this was a self-planned scam that was meant to mislead both users and Binance. The exchange usually stays quiet about such cases but it had to share this one so that it could stop such scams in the future and warned that legal action may follow.
Binance also reminded users that it has never contacted people privately, and asked for money transfers, or charged any fee. This case specially highlights how scams rise toward year-end and why users must always verify on-chain data and rely only on official Binance channels to stay safe.
Also Read: Binance CEO’s WeChat Hacked to Push Meme Coin—Now Recovered!
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