Binance CEO Changpeng Zhao recently warned that there are around 7,000 purported profiles of the company's employees on LinkedIn, but only around 50 are real. "There’s been a recent spike in hackers pretending to be Binance employees and executives on platforms such as Twitter, LinkedIn, Telegram, etc," Hillmann wrote. Still, that won't stop hackers from trying to impersonate its workers. Hillmann notes that Binance has stringent cybersecurity rules. It asks projects to propose a number they're comfortable with and donates fees to charity. Binance doesn't have a set figure for listing fees. It's not clear how many crypto projects were affected by the scam or how much the folks behind them may have paid for the promise of a Binance listing. "This deepfake was refined enough to fool several highly intelligent crypto community members," Hillmann wrote. However, he said he didn't meet with any of those people and that he's not involved in Binance's listing process. Hillmann learned about the deception after receiving messages thanking him for discussing listing opportunities.
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In a blog post spotted by Bitcoin News, Hillmann wrote that the scammers built the deepfake based on his interviews and TV appearances. Patrick Hillmann claims the hackers successfully duped crypto project representatives into thinking he would help their tokens get listed on Binance's exchange. Binance's chief communications officer says hackers used a deepfake of his image in Zoom calls to scam cryptocurrency executives.
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