According to the official announcement, Binance said that it has received user reports of recent fake SMS scams and found that users in Bahrain are particularly vulnerable to being targeted. Binance reminds that users are never contacted by phone, nor does it operate any call center. SMS is only used to send OTP codes, not with a call center number. The only reliable source is the official website and app. Previously, it was reported that there were also a number of fake Binance SMS scams in Hong Kong. The Hong Kong Securities Supervision Commission responded that according to the Securities and Futures Ordinance and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, it is an offence to operate a business of regulated activities and provide virtual asset services in Hong Kong without a license and/or actively promote such services to Hong Kong investors in Hong Kong or from outside Hong Kong. As always, the Hong Kong Securities Supervision Commission will not hesitate to take appropriate action against any violations, but will not comment on individual incidents, reminding investors to only trade virtual assets on virtual asset trading platforms licensed by the Securities Supervision Commission.