Binance’s CZ Warns of BNB Chain X Account Hack Amid Growing Crypto Scam Wave

Former Binance CEO Changpeng Zhao (CZ) has issued a strong warning after the official X (formerly Twitter) account of BNB Chain was compromised by hackers. The breach was marked by a suspicious post stating “$4 FOR THE MEME”, which included a wallet address and an image of CZ himself. The fraudulent post was quickly pinned to maximize visibility among the account’s 3.6 million followers, making it a prime target for crypto scammers.

CZ immediately cautioned users not to engage with any links or content from the compromised account, stressing that the team is actively investigating the security breach. Binance’s Chinese account also confirmed that the official English-language BNB Chain account was hacked, urging followers to remain alert.

This attack highlights the ongoing risk of crypto scams on X and other social media platforms. In 2025 alone, multiple high-profile accounts have been targeted. In February, the official Pump.fun account was exploited to promote a fake governance token, while a WIRED reporter’s account was hijacked to push a fraudulent meme coin. March saw the X account of Ghana’s President John Mahama used to promote a scam token called “Solanafrica.” In April, UK government minister Lucy Powell’s account was also hacked to advertise a bogus digital currency.

These repeated incidents show how cybercriminals exploit the trust of large audiences to spread phishing scams and fake crypto promotions. Security experts continue to stress that investors and traders should remain cautious, avoid clicking unknown links, and verify announcements directly from official channels before engaging with any promotions.

CZ’s warning serves as yet another reminder that even the most reputable crypto projects are not immune to attacks, making cybersecurity awareness more critical than ever in the digital asset space.