{"id":26049,"date":"2022-08-15T18:57:15","date_gmt":"2022-08-15T18:57:15","guid":{"rendered":"http:\/\/egrowonline.com\/?p=26049"},"modified":"2022-08-15T18:57:15","modified_gmt":"2022-08-15T18:57:15","slug":"only-50-or-so-profiles-out-of-7000-binance-employees-on-linkedin-are-real-says-cz","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=26049","title":{"rendered":"Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-28d77a7a=\"\">\n<p>According to a Sunday Twitter post by Binance CEO Changpeng Zhao, also known as CZ, only about 50 out of 7,000 users claiming to be employees of the world&#8217;s largest cryptocurrency exchange on Linkedin are real. The crypto executive lamented the lack of a real-ID authentication system on Linkedin, <a target=\"_blank\" href=\"https:\/\/twitter.com\/cz_binance\/status\/1558894008893669378\" rel=\"noopener nofollow\">saying<\/a>:<\/p>\n<blockquote><p>&#8220;I wished LinkedIn had a feature to let the company verify people. So, many &#8220;hey, I am responsible for listing&#8221; scammers on LinkedIn. Be careful.&#8221;<\/p><\/blockquote>\n<p>The LinkedIn crypto scam typically begins as an unsolicited request from an apparent crypto exchange executive to project stakeholders regarding a potential token listing. Profiles are cleverly crafted to show years of experience in the industry, along with, multiple connections, sometimes up to 500-plus, to derive an image of apparent legitimacy.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-08\/2fb9d892-f7ce-4431-9bde-4ccd4ab7b916.png\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>An unsolicited listing offer from a LinkedIn member claiming to be from Bithumb.\u00a0Source: Zhiyuan Sun\u00a0<\/em><\/figcaption><\/figure>\n<p>After a victim has been found, the scammer then sends a document via email or Telegram containing the details of the listing process along with a required initial security deposit for the &#8220;service.&#8221; As soon as the victim transfers the requested digital assets to the deposit address, however, the scammer breaks off all contact and pockets the funds.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-08\/b5c73a8b-c971-4164-9187-8f9155ed675f.png\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>A fake Bitfinex listing document, which alleges to require a deposit of 250,000 USDT to commence the process.<\/em> <em>Source: Zhiyuan Sun\u00a0<\/em><\/figcaption><\/figure>\n<p>Legitimate exchanges do not generally require initial deposits or listing fees. Instead, a due diligence team reviews the potential token for security, compliance, legal framework and the overall project utility, and then schedules a meeting with the asset issuer to discuss further steps. Depending on the scale of a project, developers can be hassled by so-called fake listing proposals on a daily basis.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-08\/4e9f4101-c6b7-4102-9f73-4b5135a6377c.png\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>A fake Binance.US listing proposal.<\/em> <em>Source: Zhiyuan Sun\u00a0<\/em><\/figcaption><\/figure>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/only-50-or-so-profiles-out-of-7-000-binance-employees-on-linkedin-are-real-says-cz\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a Sunday Twitter post by Binance CEO Changpeng Zhao, also known as CZ, only about 50 out of 7,000 users claiming to be employees of the world&#8217;s largest cryptocurrency exchange on Linkedin are real. The crypto executive lamented the lack of a real-ID authentication system on Linkedin, saying: &#8220;I wished LinkedIn had a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[267,4288,3753,10480,231],"class_list":["post-26049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-binance","tag-employees","tag-linkedin","tag-profiles","tag-real"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/08\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvMTEwZmExYTgtM2UzYi00MWQ0LWE1M2MtMGM3MzY1ZTlhNjE5LmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26049"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26049\/revisions"}],"predecessor-version":[{"id":26051,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26049\/revisions\/26051"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/26050"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26049"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}