You Won’t Believe What Almost Happened to Your Crypto Wallet—Binance CZ Spills the Beans!

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If you thought your weekend was bad, spare a microtransaction of pity for Ledger. The cosmic dice-rollers of fate decided that it was time for their Discord admin account to be hijacked, presumably by someone who’s watched one too many films where “Discord admin” is a valid career aspiration. 😬

Into this digital chaos waltzed Changpeng Zhao, who—when he’s not being former CEO of Binance—spends his days on X (because we apparently ran out of single-letter domain names ages ago) spreading messages of cosmic caution. His latest warning: beware of internet entities claiming you’ve got a wallet vulnerability… especially if those entities sound suspiciously like they were stitched together by chatbots in a back-alley server farm.

Our intrepid scammer, having commandeered Ledger’s staff identity, wanted folks to believe that their wallets were suffering from a mysterious existential vulnerability. You might suspect the next step involves some terribly clever hacking with lasers and a small cocker spaniel, but alas—this villain simply asked people to type their recovery phrases into a dodgy website. 👻

What happens next? Users give away their recovery phrases, and like socks in a communal laundry, their funds simply vanish into the cryptoverse, never to return (unless you count “return” as popping up in some scammer’s NFT portfolio).

So, as CZ has so wisely not put it (because he values brevity), never surrender your private keys, even if the person asking claims to be your grandma, Elvis, or the collective reincarnation of Satoshi Nakamoto. And if a social media account wants your secrets, just remember: the weakest link in your security isn’t your hardware wallet—it’s Barry from PR who reused his password from RuneScape. 😅

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2025-05-12 11:03