Changpeng Zhao has raised concerns over a potential account hack involving a trader known for supporting Binance. In a recent post, Zhao shared a screenshot highlighting unusual activity, noting that the account had suddenly begun promoting meme coins to its followers.
“This account probably just got hacked. It suddenly started reaching out to people to promote new meme coins. And the profile changed,”
Zhao stated.
This account 👇probably got just hacked.
It suddenly started to reach out to people to promote new meme coins. And the profile changed.
He/she does not work for Binance or YZiLabs. He has been a long-time supporter of BNB, so multiple of us follow him.
YZiLabs staff will… pic.twitter.com/9srY9ZJiso
— CZ 🔶 BNB (@cz_binance) February 26, 2025
The account, @artists_voyager, describes itself as a social media manager and content writer specializing in Web3 companies, also claiming to handle marketing for Binance Labs. However, CZ clarified that the owner is not affiliated with Binance or YZi Labs. Despite this, many within the Binance community follow the account due to its long-standing support for BNB.
Amid these concerns, CZ issued a strict warning to YZi Labs employees, stating they are prohibited from promoting any cryptocurrency, whether privately or publicly. He emphasized that any employee caught doing so would be “fired immediately upon discovery.”
This warning follows another security breach a day earlier when Solana meme launchpad Pump.fun’s official X account was hacked to promote scam meme coins. The attackers used the compromised account to urge followers to buy a fake Pump.fun governance token. Currently, Pump.fun has fully regained control of its account. Addressing the growing number of compromised accounts, CZ commented that X accounts lack security, humorously noting that security might improve with the platform’s upcoming wallet launch.
Meanwhile, Binance has denied allegations of market manipulation related to selling millions in Solana (SOL) and Ethereum (ETH) through market maker Wintermute. These claims arose from a report by Arkham Intelligence, which noted transfers of 103,570 SOL ($16.32M) and 25,000 ETH ($80M) to Wintermute, suggesting a sell-off. In response, Binance stated that it does not “dump” tokens and only facilitates trades without controlling users’ or market makers’ asset movements.
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