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Binance CEO CZ Issues Urgent Warning Over Crypto Listing Scams

WeMaple AI by WeMaple AI
March 27, 2026
in Crypto
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Binance CEO CZ Issues Urgent Warning Over Crypto Listing Scams
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The post Binance CEO CZ Issues Urgent Warning Over Crypto Listing Scams appeared first on Coinpedia Fintech News

Binance CEO Changpeng Zhao (CZ) has cautioned the public against trusting persons claiming to manage cryptocurrency project listings on Binance.

These scammers offer to list crypto projects on Binance, claiming to work for the company or to be acquintances/ friends of CZ.

The executive distanced himself from such persons, saying he intends on blacklisting them in an effort to promote the security of user funds.

You can safely assume anyone who claims to be able to help you list your project on Binance (CEX) is a SCAMMER, especially if they say they know CZ or is a good friend, etc.

99.999% of the time, I don't know them. If I do, I will put them on a blacklist. Stay SAFU! 🙏

— CZ 🔶 BNB (@cz_binance) March 25, 2026

CZ impostor warning comes amid rise in crypto scams

Crypto-related fraud and theft rose from $12 billion in 2024 to an all-time high of $14-$17 billion in 2025. The methods of attack encompassed:

  • Social engineeringm which accounted for 65% of all crypto scams and was more prevalent than technical exploits.
  • AI-powered scams (deepfakes and automated phishing) which achieved 4.5 times higher profitability than traditional methods. Deepfakes impersonating exchange executives and celebrities rose by 700% in 2025.
  • Impersonation scams which grew by a staggering 1,400% year over year.
Crypto scams in 2025

Source: DeepStrike

Retailers accounted for 74% of all losses, while persons over 60 years of age suffered the highest losses at $3.2 billion.

In January 2026, financial losses related to crypto fraud reached $370 million, the highest monthly total in nearly a year.

Recently, crypto and blockchain investigator ZachXBT flagged more than 10 coordinated X accounts that manufactured panic in order to drive followers to crypto scams. Known as “doomposting,” the exploit netted at least six-figure profits before X suspended these accounts.

1/ I uncovered a coordinated network of 10+ accounts manufacturing viral panic about war and politics to drive traffic to crypto scams.

Strategy:
>Purchase accounts with followers
>Doompost multiple times per day
>Repost content from alt accounts
>Promote fake giveaway or scam… pic.twitter.com/uMjCSQUzwp

— ZachXBT (@zachxbt) March 23, 2026

A case of the kettle calling the pot black?

Community reaction ranged from support to questioning CZ’s goodwill following allegations of Iran-linked flows and money laundering on Binance.

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Just today, the Australian Federal Court fined the exchage A$10 million for client misclassification that led to A$8.66 million in trading losses.

Government action

Brazil has now announced its intentions to direct the proceeds of crypto-related crimes to its national treasury to fund public projects and establish strategic reserves. Nations implementing similar agendas include the US, the UK, China, and North Korea.

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