Local reports reveal that fraudsters claiming to be Binance have stolen over HK$ 3.5 million from victims. Binance’s popularity as a cryptocurrency exchange has made the platform a preferred option for fraudsters targeting unsuspecting investors. In a recent development, the Hong Kong police revealed an influx in the number of citizens contacting the agency to The post Hong Kong Police: Scammers Impersonating Binance Steal Reported $446,000 first appeared on The Crypto Basic .