Pakistan decided to call out Binance after authorities discovered that some of the country's residents were fooled by a new massive crypto scam.
(Photo : Photo by STHANLY ESTRADA/AFP via Getty Images)
A person uses a cell phone to pay with Bitcoins during the Latin Bitcoin conference (LABITCONF) in San Salvador, on November 18, 2021. (Photo by Sthanly ESTRADA / AFP)
The Federal Investigation Agency (FIA) confirmed that it released a notice to inform Binance about the fraudulent activity in its platform.
"A relevant questionnaire has also been sent to [the] Binance Headquarters [in] the Cayman Islands and Binance US to explain the same," said the government agency in its handout.
FIA also asked Hamza Khan, the current general manager at Binance Pakistan, to coordinate with them regarding the malicious campaign involving cryptocurrency.
Pakistan Calls Out Binance Due to New Crypto Scam
According to Bitcoin.Com's latest report, the latest Binance crypto scam already stole around $100 million from the cryptocurrency exchange's consumers.
(Photo : Photo by Dan Kitwood/Getty Images)
A visual representation of the digital Cryptocurrency, Bitcoin on October 23, 2017 in London, England. Cryptocurrencies including Bitcoin, Ethereum, and Lightcoin have seen unprecedented growth in 2017, despite remaining extremely volatile. While digital currencies across the board have divided opinion between financial institutions, and now have a market cap of around 175 Billion USD, the crypto...
Read Full Story: https://www.techtimes.com/articles/270283/20220109/pakistan-calls-out-binance-investors-fall-victim-new-massive-crypto.htm
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
